Tags » Bankruptcy

COVID forces old-school lawyers to embrace new technology

Tennessee Courts get yanked into the 21st Century. This week, I’ve had two telephonic court hearings.  They’ve both been a little strange.

On one, I called the Clerk’s office, who then gave me the Judge’s cell phone number. 885 more words

Bankruptcy

Moving Old Chapter 11 Cases Into Subchapter V? Bankruptcy Courts Say, "Yes"

By: Donald L Swanson

Five different bankruptcy courts have allowed Subchapter V designations for debtors whose Chapter 11 cases were already existing on the effective date (February 19, 2020) of the Small Business Reorganization Act (“SBRA”). 1,677 more words

Bankruptcy

Bankruptcy’s Role in the COVID-19 Crisis

Current policy discussions tend to minimize the role of bankruptcy law in mitigating the financial fallout from COVID-19. Scholars too are unsure about the merits of bankruptcy, especially Chapter 11, in resolving business distress. 605 more words

Bankruptcy And Restructuring

SBA Disaster Assistance Loans AndGrants: We Process Disaster Relief Loans and Grants.

What is an SBA LOAN?

SBA or Small business administration has introduced SBA loan; this is a disaster loan program to aid business in the wake of economic issues. 487 more words

Bahamas: Hundreds Lose Jobs As Cable Bahamas And John Bull Shut Shops

Cable Bahamas yesterday confirmed the temporary lay-off of almost 100 staff as its top executive revealed that major corporate clients are warning “daily” they may stop using its services. 153 more words

News

Could major sports go bankrupt?

As coronavirus lockdowns continue around the world, major sports are starting to flag serious financial problems. While sport is taking an unplanned break there are no spectators and no broadcasts. 401 more words

The CARES Act's Exclusion of Debtor-in-Possession may be a death sentence to pending bankruptcy cases.

The Coronavirus Aid, Relief and Economic Security Act of 2020 is a great legislative response in helping thousands of struggling businesses navigate the financial disaster presented by the coronavirus pandemic.  379 more words

Litigation