Blog

Ryan M. Hartnett

Caroline M. Bertholf

Small Business Bankruptcy Provisions in the Proposed “Coronavirus Aid, Relief, and Economic Security Act”

At the time of this writing, the Senate has now passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the bill now awaits final approval by the House of Representatives and the President to be enacted into law. In addition to the well-publicized provisions providing direct financial relief to individuals and making…

Small Business Bankruptcy Provisions in the Proposed “Coronavirus Aid, Relief, and Economic Security Act”

At the time of this writing, the Senate has now passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the bill now awaits final approval by the House of Representatives and the President to be enacted into law. In addition to the well-publicized provisions providing direct financial relief to individuals and making…

Four Quick Tips For Small Businesses During the Corona Virus Epidemic

So you’ve followed all the CDC guidelines, obeyed the orders issued by Governor Cuomo, and heeded the advice of my colleague Chris Jones with the same fanatical devotion as a samurai obeying his master.  (https://mackenziehughe.wpengine.com/blog/new-york-provides-for-additional-paid-sick-leave-and-other-benefits-for-employees-under-covid-19-quarantine-order/). But most companies in the US are heavily indebted, and almost all companies’ cash flow will be reduced to a…

Four Quick Tips For Small Businesses During the Corona Virus Epidemic

So you’ve followed all the CDC guidelines, obeyed the orders issued by Governor Cuomo, and heeded the advice of my colleague Chris Jones with the same fanatical devotion as a samurai obeying his master.  (https://mackenziehughe.wpengine.com/blog/new-york-provides-for-additional-paid-sick-leave-and-other-benefits-for-employees-under-covid-19-quarantine-order/). But most companies in the US are heavily indebted, and almost all companies’ cash flow will be reduced to a…

Neil J. Smith

Clayton H. Hale, Jr.

It’s a Trap! Four Strategies for Turning Around a Struggling Company (That Almost Never Work)

As a bankruptcy practitioner, I have seen a fair share of business failures. Unless a company’s management is particularly nearsighted (or the failure is sudden and due to external forces), towards the end management teams do usually recognize that there are problems and try to correct them.

Another Reason to Move South – Creditor Protection of Retirement Plan Benefits for Floridians

In the fall of 2014, my colleague Betsy wrote an informative blog regarding a recent U.S. Supreme Court decision that held that under federal law, an IRA that is inherited by an individual (i.e. the beneficiary) is not protected in bankruptcy.