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Bankruptcy

Jun. 22, 2020

COVID-19 and the equitable powers of bankruptcy courts

It is inevitable that the ongoing global pandemic will continue to affect nearly all facets of social and business life across the nation. Some bankruptcy courts have utilized their equitable powers to assist debtors in their attempts to reorganize and/or liquidate while accounting for the COVID-19 lockdowns and economic downturn.

Stuart B. Rodgers

Lane & Nach, P.C.

Phone: (602) 258-6000

Email: stuart.rodgers@lane-nach.com

Stuart practices in the areas of bankruptcy law, civil litigation, tax lien foreclosure and creditors' rights. This article should not be considered or construed as legal advice on any fact or circumstance. You should consult your own attorney regarding your own personal situation or any legal question you may have.

Paul M. Hilkert

Lane & Nach, P.C.

Email: paul.hilkert@lane-nach.com

Paul practices in the areas of bankruptcy law and creditors' rights.

It is inevitable that the ongoing global pandemic will continue to affect nearly all facets of social and business life across the nation. Some bankruptcy courts have utilized their equitable powers to assist debtors in their attempts to reorganize and/or liquidate while accounting for the COVID-19 lockdowns and economic downturn. This article will summarize some of the ways that the courts have used their equitable powers.

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