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Property Management Company Battles Bankruptcy Blocking Provision - Vimarsana News

Property Management Company Battles Bankruptcy Blocking Provision

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.

Delaware PWM Property Management LLC Denied Motion by Creditors - Vimarsana News

Delaware PWM Property Management LLC Denied Motion by Creditors

In re PWM Property Management LLC, the Delaware bankruptcy court denied a motion by creditors and interest holders to file a proposed plan of reorganization as an exhibit to their opposition to the debtors’ motion to extend the exclusivity period.