Creditors' Rights & Bankruptcy
We regularly negotiate and litigate complex issues in the United States Bankruptcy Courts from coast to coast and State and Federal Courts in our region.
Business insolvencies create challenges for lenders, creditors, suppliers, landlords and contract parties. With attorneys in Kentucky, Tennessee, Georgia and Indiana, Stites & Harbison's Creditors' Rights and Bankruptcy Service Group works with our clients to find practical solutions for their issues.
The firm's practical experience in workouts, litigation and bankruptcy enables us to promptly and efficiently obtain results for our clients.
"We have dealt with Stites … and the quality of their work and level of expertise of their lawyers is excellent."
Stites & Harbison Welcomes Corey Dunn
LOUISVILLE, Ky.—Stites & Harbison, PLLC welcomes attorney Corey Dunn to the firm’s Louisville, Ky., office.
Information You Need on the COVID-19 Coronavirus
Stites & Harbison has assembled a Coronavirus Response Team which consists of a cross-disciplinary task force of attorneys and critical staff members to ensure our firm remains “On the Job” for you. Updated 02/04/21
I Mailed It . . . But Can I Prove It?
The U.S. Postal Service has seen increased demands on its services over the last year. In fact, the majority of us have had an experience with a piece of mail that took a little longer than expected to get to its destination.
Automatic Stay Does Not Mean Debtors Get Their Cars Back Automatically
The Supreme Court has ruled unanimously that the “mere retention of property does not violate § 362(a)(3)” of the automatic stay.
Kentucky Super Lawyers Honors 41 Stites & Harbison Attorneys for 2021
LOUISVILLE, Ky.—The 2021 edition of Kentucky Super Lawyers recently honored 42 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices.
Ten Stites & Harbison Attorneys Honored by 2020 Mid-South Super Lawyers
NASHVILLE, Tenn.—The 2020 edition of Mid-South Super Lawyers recently honored 10 Stites & Harbison, PLLC attorneys.
Legal Maneuvering: How the pandemic has forced Louisville law firms to rethink the workplace
The practice of law was already trending toward remote work when the coronavirus outbreak sent attorneys packing to their home offices in March, said Bob Connolly, chairman of Stites & Harbison PLLC in Louisville.
The Coronavirus and Beyond: Strategies for Creditors During Uncertain Economic Times
In this recorded webinar, Creditors' Rights & Bankruptcy attorneys Elizabeth Lee Thompson, Brian M. Bennett, Chrisandrea L. Turner and John S. Wathen discuss the latest legal issues impacting businesses during these uncertain economic times.
Stites & Harbison Highly Ranked in 45 Practice Areas in 2021 “Best Law Firms” List
LOUISVILLE, Ky.—U.S. News & World Report and Best Lawyers have released their 2021 “Best Law Firms” rankings. Stites & Harbison, PLLC’s three National Tier 1 rankings include: Litigation – Construction, Litigation – Real Estate, and Trademark Law. The firm’s overall results include 83 metropolitan rankings in seven regions and represent the 45 legal practice areas.
Finally: The CFPB Has Returned . . . to the Final Rule Implementing the FDCPA in the 21st Century
On Friday, October 30, 2020, the Consumer Financial Protection Bureau (“CFPB”) issued a new, long-awaited final rule to bring the Fair Debt Collection Practices Act (“FDCPA”) regulations into the 21st century. In announcing the change, the CFPB had the same idea as me: distinguishing the differences between pop culture and collection practices in 1977 and 2020.
Stites leader Robert Connolly on how his office manages the state of downtown
Robert Connolly, chairman of Stites & Harbison PLLC, had a godson who was living in the Chinese province of Wuhan as an English teacher in late 2019, before it was the epicenter the novel coronavirus pandemic.
Stites & Harbison, PLLC Lawyers Named to 2021 Best Lawyers® Publications
LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 82 lawyers are included in the 2021 Edition of The Best Lawyers in America©.
The Tennessee COVID-19 Recovery Act
On August 12, 2020, the Tennessee General Assembly passed the COVID-19 Recovery Act (the “Act”), which was enacted into law by Governor Bill Lee’s signature on August 17, 2020.
Chrisandrea Turner Named to 2020 Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyers
LEXINGTON, Ky.—Lawdragon has named Stites & Harbison, PLLC attorney Chrisandrea Turner to its inaugural 2020 Lawdragon 500 Leading U.S. Bankruptcy & Restructuring Lawyers. Turner is one of only seven Kentucky attorneys honored.
Creditors Take Notice: Changes to House Bills 155 and 411
Two recent bills were signed into law following the 2020 Regular Session of the Kentucky Assembly which impact creditors. House Bill 155 and House Bill 411.
Main Street Loan Program
Recently, the Federal Reserve initiated a new commercial lending facility that has been promised for months, the Main Street Lending Program (“MSLP”), consisting of three new loan facilities: the New Loan Facility, Expanded Loan Facility and Priority Loan Facility.
New Federal Law Makes Important Changes To Paycheck Protection Program
The Paycheck Protection Program Flexibility Act of 2020 (the “Flexibility Act”), which is intended to address problematic elements of the Paycheck Protection Program (“PPP”), was signed into law by the President on June 5, 2020.
SBA Extends PPP Loan Safe Harbor Repayment Date to May 18, 2020
Last night, the U.S. Small Business Administration extended the safe harbor deadline for the repayment of Paycheck Protection Program loans from May 14, 2020 to May 18, 2020.
New SBA Guidance on PPP Loans and the Necessity Certification: Safe Harbor for Loans Under $2 Million and SBA Remedies for Certain Adverse Determinations
Against a backdrop of considerable anxiety in the business community regarding many aspects of the Paycheck Protection Program (“PPP”), the U.S. Small Business Administration (“SBA”) today issued its promised guidance on how it will review a borrower’s good-faith certification of economic need in connection with a PPP loan.
No Good Deed: Protecting Yourself and Your Business from a Governmental Investigation Concerning Your PPP Loan
In a time when more than $650 billion in stimulus funds are being pumped through the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the potential for bad actors to create havoc for business owners reliant upon these mostly forgivable loans is almost guaranteed.