Nursing homes and assisted living facilities were challenged before the COVID-19 pandemic. Planning for distress is key to a successful turnaround for facilities and the industry.
Originally published by Business Alabama -...more
The past two years have been tough on economies worldwide and the future continues to be uncertain for a number of industries. From continued supply chain challenges and the effects of the pandemic, RumbergerKirk Bankruptcy &...more
During the current pandemic, people and companies have choices as to how they will respond. These responses will run the gamut of emotions and practices. For some, willful ignorance and a refusal to change will be the path...more
Businesses across all sectors are feeling the impact of COVID-19, commonly known as Coronavirus. The virus is creating substantial financial uncertainty in the marketplace. ...more
3/18/2020
/ Business Closures ,
Business Continuity Plans ,
China ,
Coronavirus/COVID-19 ,
Crisis Management ,
Emergency Management Plans ,
Employee Privacy Rights ,
Health and Safety ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Infectious Diseases ,
Legislative Agendas ,
Pending Legislation ,
Public Health ,
Relief Measures ,
Risk Assessment ,
Sick Leave ,
Workplace Safety
For many years, people associated with the bankruptcy system in the United States recognized the process didn’t work well for small business owners. Corporate reorganizations through the Chapter 11 process were cumbersome and...more
3/9/2020
/ Absolute Priority Rule ,
Bankruptcy Code ,
Bankruptcy Reform ,
Chapter 11 ,
Commercial Bankruptcy ,
Creditors ,
Deadlines ,
Debtors ,
Reorganizations ,
Small Business ,
Small Business Reorganization Act of 2019 (SBRA) ,
Trustees
Three important pieces of bankruptcy legislation were signed into law this summer. The legislation did not make substantial structural changes to the bankruptcy system, but the laws do meaningfully impact three important...more
10/28/2019
/ Agribusiness ,
Bankruptcy Code ,
Bankruptcy Reform ,
Chapter 11 ,
Chapter 12 ,
Debt Relief ,
Disability Benefits ,
Farms ,
New Legislation ,
Reorganizations ,
Small Business ,
Veterans