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14 Apr 2020 Author : InfoPro Community Manager

Helpful resources on COVID-19 impact on bankruptcy workouts

As the coronavirus pandemic continues to spread, it will, without doubt, impact the number of bankruptcy filings and out-of-court restructurings. Certain industries, such as travel, hospitality and retail, are already expected to see significant financial losses. Other industries are certain to follow. Workouts provide companies an often-faster resolution to filing for bankruptcy protection.

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Related Content

  • Coronavirus (COVID-19) Resource Kit
    Stay on top of required disclosures for new or substantially altered equity compensation plans.
  • Representing the Lender in a Workout
    Learn more about representing a lender during a workout, including a lender’s need to conduct due diligence, as well as the lender’s obligations during a workout.
  • Forbearance Agreement
    Check out a sample forbearance agreement where lenders agree to forbear for a specific period of time from accelerating a debtor’s debt and from pursuing remedies.

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