Assessing the Ailing Business Post Pandemic

By Cathy Moran, Esq. (Redwood City, CA)

Long after the human patients recover from the coronavirus, small businesses will still be ailing. And long nights will be spent deciding whether to try to stay in business.

As bankruptcy lawyers, we’re going to see people in pain trying to assess what to do next.

Business owners may see the exit heading through the bankruptcy courts, but that may be neither necessary nor wise.

Here’s my list of considerations as I try to think broadly and flexibly . . .

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