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Mayer Brown
In Houston, oil is king. But this year, several energy titans are among a troubling and growing corporate list turning to bankruptcy protection.
Arnold & Porter
The COVID-19 pandemic has created significant financial distress for many businesses and there have been a number of bankruptcy filings recently...
Thompson Coburn LLP
Businesses that were already struggling before the COVID-19 pandemic hit the United States are now facing the consequences of having to close their doors during the public health crisis.
Mayer Brown
As discussed in earlier posts, substantial uncertainty exists over whether companies in bankruptcy are eligible to pursue funding pursuant to the SBA's Paycheck Protection Program, or PPP.
Milbank LLP
Milbank has successfully represented the Ad Hoc Crossover Group in the chapter 11 cases of Foresight Energy LP and its affiliated debtors.
Ward and Smith, P.A.
In a Chapter 13 bankruptcy, debtors propose a plan to re-pay all or a portion of their debts. The amount to be repaid depends on how much the debtors earn, the amount and types of debt owed...
Arnold & Porter
The COVID-19 pandemic has affected one of the underpinnings of the relationship between a property owner and a commercial tenant that seeks Chapter 11 protection. Section 365(d)(3) of the Bankruptcy Code requires...
Reed Smith
As the COVID-19 pandemic continues, the hospitality industry is being hit particularly hard. Reservations and travel are down, while cancellations are up.
Davis & Gilbert
Positioned squarely at the intersection of the used vehicle market, auto ABS and the effects of the coronavirus crisis on American's mobility is the Hertz bankruptcy filing.
Thompson Coburn LLP
The initial wave of post-COVID Chapter 11 business bankruptcies has revealed an increasing tendency for senior executives of financially distressed companies to award themselves substantial bonuses...
Mayer Brown
In almost a century since Congress gave local municipalities the ability to restructure their debts under Chapter 9 of the Federal Bankruptcy Code, any government entity even considering that...
Smith Gambrell & Russell LLP
During these turbulent times of global pandemic and widespread lockdowns, many businesses are suffering severe economic distress. For example, many businesses in sectors such as hospitality, travel, entertainment and retail, have been ...
Dickinson Wright PLLC
After a long hiatus, workouts are back. Please join our distinguished panel to discuss workouts and workout fundamentals from the lender's perspective.
Thompson Coburn LLP
A little noticed provision in the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act") may provide distressed corporations with a much needed liquidity boost.
Reed Smith
The uncertainty surrounding the COVID-19 pandemic has rocked the global economy, and companies of all types and sizes are feeling the impacts.
McLane Middleton, Professional Association
We've received several questions about the newly enacted small business bankruptcy provisions. Below are a few of the frequently asked questions that businesses are asking.
Sheppard Mullin Richter & Hampton
The Ninth Circuit on June 1 affirmed a key bankruptcy principle that liens may survive and "pass through" the bankruptcy process even if the underlying claim secured by the lien is disallowed.
Mintz
Businesses in a wide range of industries may now be forced to consider bankruptcy given the unprecedented economic challenges caused by the COVID-19 pandemic.
Jones Day
The ability of a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") to use "cash collateral" during the course of a bankruptcy case may be vital to the debtor's ...
Jones Day
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act, Pub. L. No. 116-136 (the "CARES Act").
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