Wed, 12 Aug 2020 21:00:57 +0000
The impact of the COVID-19 pandemic is pushing both US and foreign borrowers to consider US bankruptcy options, including a chapter 11 restructuring or a foreign insolvency proceeding and chapter 15 recognition. Lenders are increasingly asking what they need to know about US Bankruptcy Code to protect their investment. They are right to be concerned, …
Full article: https://www.hellenicshippingnews.com/caveat-lender-bankruptcy-considerations-for-shipping-lenders/