The COVID-19 pandemic and the drastic measures taken in an effort to mitigate its adverse impact have sent shock waves throughout the US and global financial systems. COVID-19 and measures including travel bans, shelter-in-place orders and widespread business closures have caused precipitous changes in customer spending and demand, supply chain disruptions, sharp declines in revenue and other operational challenges across a wide range of economic sectors. Businesses worldwide now confront unprecedented and mounting challenges and distress.
USA, Corporate Finance/M&A, Insolvency & Restructuring, Seyfarth Shaw LLP, Private equity, Landlord, Due diligence, Coronavirus, Title 11 of the US Code
Court Broadens Interpretation of Code Sections Invalidating Ipso Facto Contract Provisions
USA, Insolvency & Restructuring, Litigation, Locke Lord LLP, Bankruptcy, Debtor, Collateral (finance), ISP, Interest, Swap (finance), Deed, Default (finance), Subsidiary, Lehman Brothers cases, Lehman Brothers, United States bankruptcy court, US District Court for the Southern District of New York