Among the many economic disruptions created by the COVID-19 pandemic, the effect on supply chains is one of the most disastrous. Layla Hollender of TradeRiver USA looks at the impact and how companies can strengthen their supply chain for the future.
The COVID-19 pandemic has caused a great deal of financial stress for borrowers, which means loan modifications and forbearance agreements have become necessities. Inez M. Markovich of McCarter & English and Howard Brod Brownstein of The Brownstein Corporation outline what lenders and borrowers should expect.
Regardless of when the economy reopens, businesses need to contend with a slew of factors to ensure they succeed on the other side of the COVID-19 pandemic. Jim Bowie, William H. Henrich and Frederick Langer of Getzler Henrich and Associates go through some of the most important elements to consider, including demand, inventory and the supply chain.
Companies in bankruptcy do not have access to the Paycheck Protection Program, at least according to the letter of the law. However, the issue has become less clear as illustrated by the decisions in In re Hidalgo and In re Cosi Inc. Howard M. Berkower and Franklin Barbosa Jr. of McCarter & English take a closer look at those decisions and how their inconsistencies muddy the waters.
Among the many federal initiatives to help small businesses, expanding which companies can utilize subchapter V of Chapter 11 of the United States Bankruptcy Code is of particular importance. Thomas R. Fawkes and Frederick D. Cruz of Tucker Ellis explain why businesses should capitalize on this development.
The COVID-19 pandemic quickly turned a borrower’s market into a lender’s market. Derrick Wong, a commercial lender versed in both bank and non-bank financing, provides advice on how borrowers in the lower middle market should work with their lenders in this environment.
Ben Nortman and Ian Fredericks of ReStore Capital examine the financial burden that consumer-mandated transformation and the current crisis are imposing on both retailers and their suppliers. They further explain how innovative financial solutions can be leveraged to help ensure successful outcomes in stressed and distressed environments.
It will take some creativity when companies sit down to conduct year-end accounting in 2020. Juanita Schwartzkopf of Focus Management Group runs through the many items to consider and emphasizes the importance of simply asking questions.