On September 1, 2023, the U.S. District Court for the Eastern District of Tennessee issued an order in the case of Ultima Services Corp. v. U.S. Dept. of Agriculture, et. al., Case No. 2:20-cv-00041, following a status hearing held the previous day. JD Supra reports.
Prior to this order, the District Court in Ultima had issued an earlier injunction that barred the Small Business Administration (SBA) from utilizing the rebuttable presumption of social disadvantage outlined in 13 CFR 124.103(b) related to various matters. The specifics of this order and the context in which this rebuttable presumption was applied were, however, not immediately available.
The latest order marks a significant advancement in the Ultima Services Corp. case against U.S. Dept. of Agriculture and related parties, a case which has sparked conversation and debate within the legal community for its potential ramifications in the area of small business administration and regulation.
Further updates related to this ongoing case and its subsequent orders are expected to emerge in the coming weeks. Legal professionals, especially those focusing on small business administration and related regulatory law, are advised to monitor this case closely for its potential implications on their practice and on the broader legal landscape.
For more details on the ruling and its potential impact, refer to the original article by JD Supra.