News & Analysis as of

Business Closures › Bankruptcy Code

Levenfeld Pearlstein, LLC

Bankruptcy Doesn’t Shield Employees from WARN Act Layoff Notice Requirements—Unless an Exception Applies

Levenfeld Pearlstein, LLC on

Layoffs often accompany corporate bankruptcy, and employers should be aware of the legal obligations that impact mass layoffs and plant closures. Most notably, the federal WARN Act requires employers to notify the workforce...more

Vinson & Elkins LLP

The Paycheck Protection Program And Bankruptcy

Vinson & Elkins LLP on

The COVID-19 pandemic has heavily disrupted our lives, communities, and businesses. Even with new approaches, not all businesses can overcome the substantial challenges brought by the pandemic. Lending programs like the...more

Ward and Smith, P.A.

Leases and Bankruptcy in a Time of Coronavirus

Ward and Smith, P.A. on

Many businesses in bankruptcy or heading that way – particularly retail establishments – face an uncertain future as states and cities move from closures to phased re-openings. No one knows with certainty when the economy...more

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