In In re KarcreditLLC [1], the U.S. Bankruptcy Court for the Western District of Louisiana was faced with two lenders with claims to one original stock certificate as collateral.
Earlier in the pandemic, our team identified the economic crisis caused by COVID-19 as a growth opportunity for businesses with the vision and the resources to take advantage. One such opportunity is the chance to diversify or grow by acquiring distressed competitors, suppliers, or customers.
USA, Insolvency & Restructuring, Foster Swift Collins & Smith PC, Due diligence, Coronavirus, Paycheck Protection Program, Internal Revenue Service (USA), Internal Revenue Code (USA)