Memorandum of Decision — No. 20-01004 (Dkt. 22)

Summary

A Memorandum of Decision of United States Bankruptcy Judge Colleen A. Brown of the United States Bankruptcy Court for the District of Vermont, filed and entered May 8, 2020 as Doc 22 in Adversary Proceeding # 20-01004, Springfield Medical Care Systems, Inc. v. Jovita Carranza, Administrator of the U.S. Small Business Administration, within Chapter 11 Case # 19-10285. It grants the debtor's emergency motion for a temporary restraining order so that its Paycheck Protection Program application is considered without regard to its status as a chapter 11 debtor. The court finds it is authorized under Bankruptcy Code §§ 105, 106, and 525 to enter tailored injunctive relief and is not barred by 15 U.S.C. § 634(b)(1). It finds all four TRO factors weigh in the plaintiff's favor on the 11 U.S.C. § 525(a) claim and makes no finding on whether the plaintiff qualifies for a PPP loan.

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