News

Congress Passes Legislation Extending Bankruptcy Relief

CARES ACT Critical Deadline for Small Business Extended By: Jamie L. Harris On March 26, 2020, Congress passed bipartisan legislation to extend various Covid-19 bankruptcy relief provisions included in the March 2020 CARES Act. The legislation was designed to extend bankruptcy relief to individuals, families, and small businesses impacted by

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COVID-19 Safeguards Still in Place for Bankruptcy Filers

By: Jamie L. Harris Due to the Covid-19 pandemic, some people have erroneously believed that the court systems are completely closed and that you cannot currently file for bankruptcy. Contrary to this misconception, bankruptcy courts are open in Kentucky but court hearings are being held mostly telephonically. In the Eastern

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Upcoming Extension of Subchapter V from CARES Act

Small Businesses will Benefit from the Chapter 11 Provisions Update 3/29/2021: This provision has been extended to June 2022. New legislation to extend an important provision to the CARES Act was just introduced. Should it be passed, the Subchapter V bankruptcy provision will be extended to March 27, 2022. This

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March Community Events

DLG attorneys and paraprofessionals are actively involved in the central Kentucky community.  We strive to make central Kentucky a better place to live, work and relax for everyone. On March 1st to March 15th , DelCotto Law Group will be participating in the Legal Food Frenzy presented by the Office

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DelCotto Law Group Leads in 2020 Chapter 11 Bankruptcies:

DLG: Most Eastern District Kentucky Filings of Chapter 11 By: Jamie L. Harris In 2020, DelCotto Law Group PLLC filed more chapter 11 bankruptcy cases in the Eastern District of Kentucky than any other firm. [1] Additionally, the firm filed 45% of small business cases in 2020 in the Eastern

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NRA Bankruptcy: A Hot Mess of Uneccessary Activity

By: Laura Day DelCotto So many unnecessary issues that make this Debtor in Possession look so bad. A great case study in how not to land in front of a bankruptcy judge. First, how does an entity that is headquartered in Fairfax, VA and incorporated in New York “forum shop” to

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COVID-19 Economic Relief Bill

Last Minute Passage of Essential Economic Aid By: Jamie L. Harris Congress passed the $900 billion COVID-relief bill which was signed by President Trump on December 27, 2020. The relief package includes direct payments to Americans, extended unemployment benefits, and aid to small businesses among other forms of pandemic relief.

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Restaurant Grants Available for Limited Time in Kentucky

KY Assistance During the Pandemic By: Jamie L. Harris With the Covid-19 pandemic, restaurant owners have faced serious challenges in trying to keep their establishments open and pay employees.  Governor Andy Beshear recently required closure of indoor dining facilities for bars and restaurants until mid-December. While this restriction is for

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