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This article analyzes PWM Property Management LLC's bankruptcy filing in the U.S. Bankruptcy Court for the District of Delaware to explain the impact of the use of corporate governance...
COVID-19 meant employee furloughs, business closures, affected commercial real estate market. Social distancing, quarantining, remote work, layoffs, shifted, reduced need for corporate space, caused questions if now is good time to invest, move, downsize/upsize space for it.
I. Introduction - The economic upheaval caused by the outbreak of COVID-19 was unprecedented in the United States and abroad. Employees were furloughed, businesses were mo...
COVID-19 meant employee furloughs, business closures, affected commercial real estate market. Social distancing, quarantining, remote work, layoffs, shifted, reduced need for corporate space, caused questions if now is good time to invest, move, downsize/upsize space for it.
Reaching an outcome in line with two other circuit courts, on February 16, 2022 the Fifth Circuit Court of Appeals permitted a Chapter 11 trustee to sell a debtor's real property free...