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Interim Rule 1020 Amended to Conform with CARES Act

Friday, May 1, 2020

On January 28, 2020, the Court adopted the Interim Amendments to the Federal Rules of Bankruptcy Procedure to implement the changes mandated by the Small Business Reorganization Act of 2019. The Interim Amendments included modifications to Rule 1020 of the Federal Rules of Bankruptcy Procedure. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law, and section 1113 of that legislation made several temporary changes to the Bankruptcy Code to provide financial assistance during the coronavirus crisis. Further amendments to Interim Rule 1020 are now required to account for the CARES Act. General Order 196 implements this amendment.  The full Interim Rules for subchapter V including this amendment can be downloaded here.