Financial Impacts of COVID-19: Restructuring, Liquidity Issues, and Bankruptcies
1 hour 30 minutes
Gain insight into the financial effect COVID-19 had on businesses and what trends may materialize as we emerge from it.
The COVID-19 pandemic whacked several key economic sectors. These included hospitality and retail spaces. The pandemic curtailed civil court access, impeding the exercise of rights and remedies by financial actors. It interrupted the flow of business, commerce finance, galvanizing efforts by bankruptcy courts to address pandemic-related economic fallout. Perhaps most significantly, COVID-19 inverted the expectations of many participants in the economy. This course ties these various realities tie together to give insight into restructuring, liquidity, and bankruptcy in the pandemic era – and what trends may materialize as we emerge from it.
• You will be able to identify when failure to pay is a default.
• You will be able to review enforcement of defaults in the COVID-19 era.
• You will be able to describe Chapter 11 in the COVID-19 era.
• You will be able to discuss interest rates in restructured COVID-19 era businesses.