COVID-19 “Suspends” US Chapter 11 Proceedings

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COVID-19 has, and for the foreseeable future will, have an unprecedented adverse impact on the global economy and all companies’ business operations.

Governments and banking systems throughout the world have initiated massive aid programs to blunt the impact of the COVID-19 crisis. Regardless, there will be substantial market disruptions including the supply and deliver of goods and services.

Please see full Article below for more information.

Originally published in Eurofenix, Summer 2020.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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