Alternatives to Bankruptcy for Companies Facing Insolvency During COVID-19
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The current Covid-19 crisis has tested the financial solvency of many companies.   Chapter 11 bankruptcy may be the last resort (or next to last resort) for an orderly reorganization of a company’s debt before an outright liquidation in Chapter 7.  Both kinds of filings are expensive and procedure-bound. Bankruptcy attorneys,…Read More

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