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Retail Chains Abandon Manhattan: ‘It’s Unsustainable’ New York Times August 11, 2020

Submitted by Anonymous (not verified) on Wed, 08/12/2020 - 23:03

This article originally appeared in the New York Times at https://www.nytimes.com/2020/08/11/nyregion/nyc-economy-chain-stores.html
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Retail Chains Abandon Manhattan: ‘It’s Unsustainable’
Some national chains, both retail and restaurants, are closing outlets in New York City, which are struggling more than their branches elsewhere.

Bankruptcy Subchapter V Updates

Submitted by Anonymous (not verified) on Fri, 08/07/2020 - 22:07

 

One-Third of New York’s Small Businesses May Be Gone Forever New York Times August 3, 2002

Submitted by Anonymous (not verified) on Mon, 08/03/2020 - 21:09

This article originally appeared in the New York Times on August 3, 2020https://www.nytimes.com/2020/08/03/nyregion/nyc-small-businesses-closing...
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One-Third of New York’s Small Businesses May Be Gone ForeverSmall-business owners said they have exhausted federal and local assistance and see no end in sight after months of sharp revenue drops. Now, many are closing their shops and restaurants for good.

Landlords Jump the Gun as Eviction Moratorium Wanes New York Times July 23, 2020

Submitted by Anonymous (not verified) on Mon, 07/27/2020 - 17:49


This story, Landlords Jump the Gun as Eviction Moratorium Wanes. https://www.nytimes.com/2020/07/23/business/evictions-moratorium-cares-a...) originally appeared on New York Times on July 23, 2020.

The CARES Act temporarily protects millions of renters from being kicked out of their homes for nonpayment. Filings aren’t supposed to resume until after Friday.

Federal Aid Has So Far Averted Personal Bankruptcies, but Trouble Looms Once federal benefits dry up, highly indebted consumers could be forced to file. New York Times July 17, 2020

Submitted by Anonymous (not verified) on Mon, 07/20/2020 - 18:29

This story, Federal Aid Has So Far Averted Personal Bankruptcies, but Trouble Looms

Once federal benefits dry up, highly indebted consumers could be forced to file.

originally appeared in the New York Times on July 17, 2020 at

https://www.nytimes.com/2020/07/17/business/personal-bankruptcies-corona...

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A reader of

Submitted by Anonymous (not verified) on Sun, 07/19/2020 - 18:52

A reader of our blog asked a very good question regarding guarantees and our post regarding the use of bankruptcy to terminate commercial leases. Our response is below.

Cancel Student Loans In Bankruptcy? You May Not Qualify Forbes July 16, 2020

Submitted by Anonymous (not verified) on Fri, 07/17/2020 - 18:25

This story Cancel Student Loans In Bankruptcy? You May Not Qualify  Forbes July 16, 2020 originally appeared
https://www.forbes.com/sites/zackfriedman/2020/07/16/student-loans-bankr...
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Cancel Student Loans In Bankruptcy? You May Not Qualify
Zack Friedman

Can you discharge your student loans in bankruptcy? A new proposal says yes, but not everyone qualifies.

Here’s what you need to know.

The Eye of the Bankruptcy Storm New York Times July 17, 2020

Submitted by Anonymous (not verified) on Fri, 07/17/2020 - 17:14

This post appeared in the New York Times on 7/17/20

https://www.nytimes.com/2020/07/17/business/dealbook/bankruptcy-filings-...

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The Eye of the Bankruptcy Storm

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