Tag: Chapter 11

3
Dec

Subchapter V Bankruptcy – A potential lifeline for struggling small businesses

By:  Gary P. Bluestein The financial consequences of COVID-19 have been particularly difficult for a large number of American small businesses and with lockdowns accelerating in many states, many of those businesses will be forced to consider a bankruptcy filing. Ironically, legislation enacted by Congress just prior to the COVID-19 pandemic, may have created a much-needed lifeline for many of

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5
May

Debt, Bankruptcy and COVID-19

By: Ruth R. Wiseman, Esq. and Melissa A. Brennan On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES”) Act. The act has created numerous initiatives to help individuals and businesses navigate financial problems resulting from the Covid-19 Pandemic. The details related to many of those programs have been highlighted in numerous blogs and

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