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It has been just over a year since the first known COVID-19 cases and related shutdowns occurred in the US. In early 2020, everything from grocery shopping to global politics was deemed “unprecedented” and “unpredictable.” However, as the pandemic continues into 2021, precedents have begun to be established, even as unpredictability remains. In the field of bankruptcy, as elsewhere, we are seeing new trends and establishing new ways of practicing, some of which look likely to survive the pandemic, even if many businesses do not.
The Virtual Pivot
Government restrictions and public health concerns abruptly forced restructuring practitioners to a virtual platform in March 2020. Court offices were closed, physical document deliveries were prohibited, physical client meetings became a public health risk, and courts mandated that hearings be held telephonically or by video conference. While some of these restrictions
Champion Property Holdings Files For Bankruptcy Protection In Delaware - Insolvency/Bankruptcy/Re-structuring
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