Posts in tag

covid pandemic


The government’s response to the COVID-19 pandemic has resulted in federal assistance to many industries and individual taxpayers, but notably left the marijuana industry legalized by the state. in the cold. As we discussed earlier herebusinesses and individuals involved in the marijuana industry are likely not eligible for bankruptcy protection, as marijuana remains illegal under …

There have been dozens of retail bankruptcies in 2020, and experts say the pain isn’t over yet. S&P Global Market Intelligence listed 49 retail bankruptcies as of mid-November, including Ann Taylor’s parent company, Ascena Retail Group Inc. ASNAQ, luxury department store Neiman Marcus, homewares specialists Sur La Table Inc. and Brooks Brothers Group Inc. This …

(Reuters) – Oasis Petroleum Inc filed for Chapter 11 bankruptcy on Wednesday, the latest U.S. shale producer to seek court-assisted restructuring amid shock shock to the energy sector ‘an unprecedented collapse in oil prices due to the COVID-19 pandemic. FILE PHOTO: A drilling rig on a lease owned by Oasis Petroleum performs logging operations in …

CHARLOTTE, NC – Belk filed for Chapter 11 bankruptcy in Houston on Tuesday night. This is the first step in the retail icon’s reorganization plan that will see its owner, Sycamore Partners, cede a significant share of the company to its lenders while retaining control. If approved, the bankruptcy plan is expected to give Belk …

Blade, the company behind the PC game streaming service Shadow, filed a request bankruptcy. The French company created Shadow in 2014 and has brought thousands of users to the service over the past five years. However, Blade’s server vendor, 2CRSi, claims Blade owes millions of dollars in debt. Blade will be looking for investors in …

BEIJING, Jan.29 (Reuters) – Creditors of the Chinese group HNA have filed a petition in a Chinese court to have the company bankrupted and restructured, which could give a fresh start to the remaining assets of the once-very large conglomerate. acquirer. The HNA Group said in a WeChat article on Friday that it was informed …

The 2021 Consolidated Credit Act (LCA), promulgated in December 2020, broadens the advantageous reorganization conditions already available for companies in difficulty under sub-chapter V of Chapter 13 bankruptcy of the Bankruptcy Code. Now reorganizing businesses have more time to decide whether to keep or reject real estate leases and can extend rental obligations as part …

The Consolidated Appropriations Act (CAA), one of the most important bills ever passed by Congress, was enacted on December 27, 2020. In addition to providing funding and additional relief from COVID, the CAA contains several changes to Title 11 of the Bankruptcy Code to provide temporary relief and flexibility to debtors, landlords, tenants and sellers …

Guitar Center has filed for bankruptcy as it seeks to restructure its debt. Provided   Guitar Center, which like many retailers struggled during the COVID-19 pandemic, filed for bankruptcy in an attempt to reduce its $ 800 million debt. The California-based musical instrument retailer plans to keep its stores open, including its Hobart location at …

The latest round of FY21 grant applications from the Program Development Grants Committee (PDG) is expected on February 15e, so be sure to submit your application today! For more information on the grant process, as well as some recent changes to what CEOs will fund due to the ongoing COVID pandemic, please see the CEO …

Advertising SACRAMENTO, California, September 10, 2020 … The LLC management committee of the Unified Wine & Grape Symposium 2021, which represents the American Society for Enology and Viticulture (ASEV) and the California Association of Winegrape Growers (CAWG), has selected its co-chairs to lead its 2021 Unified Wine & Grape program. Symposium. Development Committee. Michael Boer, …

MARQUETTE, Michigan (WLUC) – In light of the recent COVID-19 pandemic, more residents of the Upper Peninsula are struggling to pay their heating and electricity bills, but the Superior Watershed Partnership (SWP ) is there to help them. Michigan residents who were not previously eligible may now be eligible for energy assistance from the Michigan …

From “Snow White” to “Through the Looking Glass and What Alice Found There” and even the Harry Potter series, many children’s stories feature mirrors. The latest installation at the Beatrice Public Library’s Vette Cultural Arts Center allows people to reflect on these stories, as well as imagine their own. “It’s quite fascinating to me what …