Updates to Bankruptcy Provisions Provided by New COVID-19 Relief Program March 12, 2021 This Christmas week, congressional leaders released the text of the new $900 billion COVID-19 relief package. After a week of pushback, President Trump signed…
Why Bankruptcy in Illinois Might Not Turn Out the Way You Think March 12, 2021 A state hasn’t gone bankrupt since the Great Depression. The specter of a new economic depression has revived the once far-fetched idea. Illinois’ tough…
The bankruptcy of young people in Malaysia penalizes consumption March 12, 2021 KUALA LUMPUR, Sept 7 (Reuters) – Malaysia, which is aiming to become a “high-income” nation by 2020, is seeing a rise in the number…
Is health care the number one reason for bankruptcies, as one Florida GOP leader put it? March 12, 2021 Health care is one of the biggest reasons Americans are in debt, said Florida House Speaker Jose Oliva, R-Miami Lakes. “The two issues Floridians…
The long and dizzying journey that led to the bankruptcy of Chuck E. Cheese March 12, 2021 Photography: Shutterstock If Elon Musk or Bill Gates were to open a restaurant full of the coolest new technology, the interest might be less…
COVID Cash Crunch: Options for Reorganizing or Liquidating Your Business in Illinois | Cozen O’Connor March 12, 2021 The financial distress caused by the COVID-19 pandemic has left many businesses reeling. With no clear end in sight, the bad news is that…
Rise in bankruptcy filings among older Americans March 12, 2021 The rate at which Americans 65 and older are filing for bankruptcy has more than tripled since 1991 amid shrinking social safety nets and…
Eight out of 10 English councils at risk of bankruptcy March 12, 2021 Eight out of 10 English councils at risk of bankruptcy More than eight in 10 English councils providing adult social care services are technically…
Judges rebuke limits on erasing student loan debt March 12, 2021 Raphael I. Pardo, professor of bankruptcy law at Emory Law, said Judge Easterbrook’s opinion was a powerful reminder to other courts. “If this very…
I Filed For Bankruptcy At 21 – Here’s What I Learned March 12, 2021 Opinions expressed by Contractor the contributors are theirs. You’ve probably heard that Donald Trump has had four bankruptcies, but what does that really mean?…
From Business Viability and Cash Flow Analysis to First Payment Rights — Restructuring and Bankruptcy Considerations for the Food and Beverage Industry | Saul Ewing Arnstein & Lehr LLP March 12, 2021 Host Kermit Nash, co-chair of Saul Ewing Arnstein & Lehr’s Food, Beverage and Agribusiness (FBA) Practice, speaks with Barry Chatz, a partner in the…
Older people struggle with debt and bankruptcy as more of them help adult children March 12, 2021 Seniors are accumulating more than they can afford in their retirement, and are more likely to declare bankruptcy The growing number of older people…
Closure of the Gilford Orthopedic Clinic; Concord Hospital says contract was ‘not viable’ March 12, 2021 An orthopedic clinic in Gilford announces it will close after 50 years because its contract with Lakes Region General Hospital is not renewed as…
JC Penney in advanced talks for bankruptcy financing March 12, 2021 A JC Penney store in Motebello, Calif., was closed last month as the coronavirus pandemic spread. Photo: Image by Sports/Zuma Press By and…
NCLT provides developer’s advance to owner’s operating debt under IBC March 12, 2021 MUMBAI: In a precedent-setting verdict, the National Company Law Tribunal ruled that a real estate company’s advance to the owner of property for the…
