Bankruptcies trickle in for now, but a flood is waiting

When two major national retailers, J. Crew and Neiman Marcus, filed for Chapter 11 bankruptcy in the first week of May, the news reports read like obituaries, with the novel coronavirus being listed as the companies’ cause of death. But for many businesses, Chapter 11 bankruptcy, in which companies seek to restructure their debts so that ...

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North Carolina Lawyers Weekly

Bankruptcies trickle in for now, but a flood is waiting

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