COVID-19 has changed the way we work and live in unexpected ways and the legal system is no different. Although it varies widely from state to state, many jurisdictions are now holding hearings virtually, using video or telephone conferencing. If you have a phone or conference call hearing scheduled, we...
Chapter 11 Bankruptcy Made Easier for Small Businesses Struggling with COVID-19 Downturn
Changes That Came At The Right Time The Small Business Reorganization Act of 2019 became effective on February 19, 2020. The Act, along with recent changes to the Bankruptcy Code contained in the CARES stimulus bill, will make it easier for small businesses to reorganize through Chapter 11. The new...