• Features

    Bankruptcy Asset Sales During COVID-19 Crisis

    Hugh McDonald and Deborah Kovsky-Apap

    The COVID-19 pandemic is already leaving its mark on the bankruptcy asset sale landscape. Despite the uncertainty — or even because of it — bankruptcy should still be viewed as a useful tool to effectuate the acquisition of assets. The current situation and anticipated distress across many industries presents opportunities for purchasers to acquire assets on favorable terms.

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  • Features

    COVID-19: A Massive Impediment to Bankruptcy Relief

    Joseph H. Lemkin

    With Uncertainty As to When the Pandemic Will Ease, Bankruptcy Courts Do Not Seem to Be a Panacea Leading to Successful Reorganizations or Orderly Liquidations for Troubled Companies

    The impact of COVID-19 on efforts of businesses to reorganize or even orderly liquidate in bankruptcy has been swift and devastating

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  • Features

    COVID-19: As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood

    Samantha Stokes

    Law firms have always counted on bankruptcy as a countercyclical practice in hard times. Now, those that prepared when the economy was booming may be about to get their reward.

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  • Features

    Parent of Secured Creditor Does Not Automatically Gain Secured Status

    Rudolph J. Di Massa Jr. and Drew S. McGehrin

    The ruling in In re Jarvis that the grant of a security interest to a corporate lender will not necessarily “spread” that security interest to the lender’s affiliates underscores the need for precision and care in the drafting of loan documents, particularly with respect to the granting language contained in security agreements.

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