Breaking (Down) the Debt Ceiling
JONES DAY TALKS®: Preparing for FRTB: What Banks Should Know
Leading Authentically in Community Banking During a Crisis: On Record PR Episode 9
Law School Toolbox Podcast Episode 239: Looking to History to Assess the Impact of COVID-19 on the Legal Job Market
It’s hard to keep up with all the recent changes to labor and employment law. While the law always seems to evolve at a rapid pace, there have been an unprecedented number of changes for the past few years — and this past...more
Three years after the outbreak of COVID-19, restrictions have finally eased in Asia. However, investors in the region are still feeling its effects as well as headwinds caused by higher interest rates, rising inflation,...more
After years of large retailers and malls struggling prior to the COVID-19 pandemic and the most vulnerable retailers filing for bankruptcy relief in its immediate wake in early 2020, the US economy rebounded strongly with the...more
Management teams and private equity (PE) sponsors have successfully deployed a range of liability management tools to steer companies through the COVID-19 downturn and avoid both bankruptcies and full-blown restructurings. ...more
Recently troubled SoftBank-backed financing firm Greensill Capital has filed for bankruptcy protection in Britain, just weeks after its insurer “refused . . . to renew its coverage for the company’s loans” ...more
It is hard to pick any event or series of events that has adversely impacted the hospitality industry as hard as the COVID-19 pandemic. While the summer witnessed increased RevPAR in the U.S. as compared to the depths of...more
Markets globally and U.S. futures are down as investors digest the news out of D.C. overnight... Jobs Report Friday again. Here’s what we’re watching for in the numbers....more
Although COVID-19 lockdowns have seen high-profile companies lose their investment grade status, lenders have continued to support these credits. COVID-19’s impact on earnings has seen companies across the United States...more
In Washington - The Centers for Disease Control and Prevention (CDC) revised guidance for coronavirus testing is confusing and alarming many. The CDC now says people who have been in close contact with a person infected...more
The Supreme Court of the State of New Jersey upheld the New Jersey COVID-19 Emergency Bond Act (the Act), authorizing the State to issue up to $9.9 billion in state borrowing either through general obligation bonds or...more
As state and local governments throughout the country attempt to find a balance between re-opening the economy and sheltering in place, fears persist that the COVID-19 pandemic has already set in motion the next financial...more
The COVID-19 pandemic has created not just a health crisis, but a financial crisis as well. Several companies, that you may be doing business with currently, are treading water trying to avoid drowning in a sea of unfulfilled...more
Key Takeaways - The COVID-19 economic crisis has increased the risk of investment disputes in the banking and financial sector, as the economic effects of the crisis spiral and as governments introduce responsive measures....more
New estimates from the Congressional Budget Office suggest that the “U.S. economy could take the better part of a decade to fully recover from the coronavirus pandemic and related shutdown” and see as much as a 3% contraction...more
Our work as advisers to some of the world’s largest businesses gives us a unique perspective on the way in which employers are beginning to recover from the initial crisis management phase of the COVID-19 pandemic....more
With more than 3 million cases worldwide, COVID-19 has not spared any continent. As of 14 May 2020, almost 50,000 cases of COVID-19 had been recorded across 52 countries in Africa, with over 2,000 deaths....more
ethikos 34, no. 5 (May 2020) - The March 19 issue of The Economist discusses the stark choice ahead for healthcare workers, executives, and civic leaders to either suppress the infection rate through extreme lockdown...more
The culmination of the economic effects resulting from COVID-19 has put significant pressure on the debt obligations of countries around the world, many of which were already facing debt struggles before the crisis. As of...more
For the first time, the Federal Reserve system will begin buying corporate bonds—all part of the central bank’s efforts to “support the economy and financial system in the coronavirus crisis.” The NY Fed will kick things off...more
What does it mean to be an authentic leader in community banking during times of crisis? In this episode of On Record PR, join the conversation as host Gina F. Rubel, Esq. goes on record with Jeane Vidoni, President and CEO...more
In a recent Delaware ruling, Judge Mary F. Walrath declines to follow the Fifth Circuit and holds that “a minority shareholder has [no] more right to block a bankruptcy… than a creditor does.” Real estate and other lenders...more
The COVID-19 pandemic has triggered an “impending global recession” as governments have been forced to suspend much economic activity in an effort to slow the spread of the virus. Economic and political uncertainty, coupled...more
Mark Twain is often misquoted as saying "History never repeats itself, but it often rhymes." Whoever said them, these words certainly come to mind in the current economic crisis brought about by the COVID-19 pandemic....more
All the talk of when to reopen the economy is largely gotten in the way of a bigger (and thornier, if possible) question: how to do it. Despite the bold declarations from optimists and wishful thinkers that it’s as easy as a...more
There is no question that the COVID-19 pandemic is causing many businesses to suffer interruptions and financial distress. Some business owners are contemplating bankruptcy and other debt restructuring options...more