"The number of new distressed matters rivals 2008," said Rachel Strickland, the co-chair of the restructuring practice at Willkie Farr & Gallagher. "The onset of new matters due to COVID-19 has been much, much faster."This story is available exclusively on Business Insider Prime.As the novel coronavirus sweeps the globe, it will fall on a cadre of elite attorneys at the nation's top law firms to help guide companies through an unprecedented hit to revenue.
These attorneys have played leading roles on everything from the Detroit bankruptcy, to Toys R Us, to Lehman Brothers. As the novel coronavirus sweeps the globe, it will fall on a cadre of elite attorneys at the nation's top law firms to help guide companies through an unprecedented hit to revenue.to field calls from clients about loan covenants, payment obligations to creditors and — in some instances — the prospect of filing for bankruptcy.
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California Governor says US government sent 170 'broken' ventilators - Business InsiderInstead of 'complaining,' California Governor Gavin Newsom said 'broken' ventilators were sent to a local company to be repaired. Even if they did! 170!!! Big deal! I keep learning things I hear in corp media r FAKE, FAKE, FAKENEWS. How can independent journalist & the public verify what u say? And btw, WHAT battle? So Cal ER testing tents, & 4 THAT matter the ER's themselves r EMPTY! POTUS is right. Y'all LITERALLY make s*** up.
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