Day: January 10, 2021

Chapter 11 bankruptcy

US Bankruptcy filings drop 30% in 2020 as govt stimulus supports distressed business, individuals

Total US bankruptcy filings in 2020 dropped 30% as the government and lenders offered stabilization measures in response to the...

Role of a Resolution Professional

Resolution professionals have a limited yet crucial role in pre-pack scheme

The role of a resolution professional (RP) in the new pre-pack scheme has been limited to that of an overseer...