Nursing homes and assisted living facilities were challenged before the COVID-19 pandemic. Planning for distress is key to a successful turnaround for facilities and the industry.
Originally published by Business Alabama -...more
For many years, people associated with the bankruptcy system in the United States recognized the process didn’t work well for small business owners. Corporate reorganizations through the Chapter 11 process were cumbersome and...more
3/9/2020
/ Absolute Priority Rule ,
Bankruptcy Code ,
Bankruptcy Reform ,
Chapter 11 ,
Commercial Bankruptcy ,
Creditors ,
Deadlines ,
Debtors ,
Reorganizations ,
Small Business ,
Small Business Reorganization Act of 2019 (SBRA) ,
Trustees
Three important pieces of bankruptcy legislation were signed into law this summer. The legislation did not make substantial structural changes to the bankruptcy system, but the laws do meaningfully impact three important...more
10/28/2019
/ Agribusiness ,
Bankruptcy Code ,
Bankruptcy Reform ,
Chapter 11 ,
Chapter 12 ,
Debt Relief ,
Disability Benefits ,
Farms ,
New Legislation ,
Reorganizations ,
Small Business ,
Veterans