Fiduciaries Must “CARE”: Personal Liability for PPP Loans Under Federal Priority Statute

U.S. v. Estate of Romani, 523 U.S. 517 (1998); U.S. v. Kimbell Foods Inc., 440 U.S. 715 (1979); U.S. v. Moore, 423 U.S. 77 (1975); King v. U.S., 379 U.S. 329, 337 (1964); SBA v. McClellan, 364 U.S. 446 (1960); U.S. v. Gilbert Assocs., 345 U.S. 361 (1953); Commonwealth of Mass. v. U.S., 333 U.S. 611 (1948); U.S. v. Emory, 314 U.S. 428 (1941); U.S. v. Marxen, 307 U.S. 200 (1939); Bramwell v. U.S. Fidelity & Gur. Co., 269 U.S. 483 (1926); U.S. v. Oklahoma, 261 U.S. 253 (1923); Lakeshore Apts. Inc. v. U.S., 351 F.2d 349 (9th Cir. 1965); U.S. v. Golden Acres Inc., 684 F. Supp. 96 (D. Del. 1988); U.S. v. Whitney, 654 F.2d 607 (9th Cir. 1981); U.S. v. Moriarity, 8 F.3d 329 (6th Cir. 1993); Guillermety v. Secretary of Edu., 241 F. Supp. 2d 727 (E.D. Mich. 2002); U.S. v. Brocato, 403 F.2d 105 (5th Cir. 1968); Straus v. U.S., 196 F.3d 862 (7th Cir. 1999); U.S. v. S.K.A. Assocs. Inc., 600 F.2d 513 (5th Cir. 1979); Abrams v. U.S., 274 F.2d 8 (8th Cir. 1960); U.S. v. Renda, 709 F.3d 472 (5th Cir. 2013); U.S. v. Boots, 675 F.Supp. 550 (E.D. Mo. 1987); Indian Motorcycle Mfg. Inc., 2006 WL 2471767 (D. Colo. July 28, 2006); Northwestern Jobbers Credit Bureau v. Commissioner, 1 T.C. 863 (1943); Farmer’s Co-Op., 200 Iowa 1160 (1925); S.E.C. v. Credit Bancorp, Ltd., 297 F.2d 127 (2d Cir. 2002).