In the wake of the economic stress created by COVID-19, we have seen increased opportunities for buyers looking to acquire distressed companies and assets in Canada. Increased deal flow in industry sectors that have been hit hardest by COVID-19, including retail, hospitality, travel, cannabis, and oil and gas has occurred, and with the passage of time other sectors will be affected.
Canada, Corporate Finance/M&A, Insolvency & Restructuring, Gowling WLG, Private equity, Due diligence, Coronavirus, M&A
In an apparent case of first impression in Massachusetts, the US Bankruptcy Court for the District of Massachusetts recently held that an allonge must be physically affixed to the original promissory note to be effective.
USA, Massachusetts, Insolvency & Restructuring, Litigation, Nutter McClennen & Fish LLP, Bankruptcy, Debtor, Debt, Mortgage loan, Standing (law), Capital punishment, Wells Fargo, US Code, Uniform Commercial Code (USA), United States bankruptcy court, US District Court for District of Massachusetts, Massachusetts General Court