Bankruptcy in the Time of COVID-19

Part 2 in "Law in the Time of Covid-19"
Series with Columbia Law School

Given the impact of the pandemic, many consumers and companies face the threat of insolvency.  In part 2 of this 3-part series, Professor Edward Morrison explains what is new in the bankruptcy rules and how the existing laws can be used to mitigate the financial fallout from the crisis. Morrison also explains under what circumstances a Chapter 7, 11, or 13 proceeding may be appropriate for consumers or businesses.

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