Last year, when I sat down to write the guest editor’s column for the 2020 healthcare issue, we were reeling from a pandemic that not only was straining our already overtaxed healthcare system but also exacerbating the socio-political fissures that have dominated headlines, created misinformation,...
I sit writing this column at a desk looking out over the sea in Port Erin, Isle of Man. After 15 months of restrictions, I am once more finally at my mother’s home and, as the place I grew up, in my “hometown.” If all goes well, day-to-day life on the Isle of Man is a foretaste of what should very...
In this month’s issue of the Journal of Corporate Renewal , we turn to the retail industry. Over the past year, we saw the COVID-19 pandemic not only create new challenges for the industry but also exacerbate existing industry headwinds and shifting consumer habits. The upshot is that we saw the...
This issue of the Journal of Corporate Renewal focuses on hospitality, which unquestionably was one of the hardest hit sectors during the COVID-19 pandemic. With almost no warning during early March 2020, hospitality owners, lenders, management companies, and investors were hit with an...
A little over one year ago, just as the country was heading into a period of unprecedented turbulence caused by the COVID-19 pandemic, the Small Business Reorganization Act (SBRA) went into effect on February 19, 2020. Before SBRA, struggling businesses considering bankruptcy had two options:...
Amid the changing environment brought on the COVID-19 pandemic, ongoing issues in insolvency around the globe have continued to play out in recent months. In Europe, the UK made its long-anticipated break with the European Union, while Germany and the Netherlands have each enacted into law an EU...
It is typically easy to determine how and why a business became distressed. After all, this analysis is frequently made after the fact and is fully informed by 20/20 hindsight. The difficult part is predicting the future and, through much of 2020, determining when various asset classes would emerge...
Since the enactment of the U.S. Bankruptcy Code in 1978, there have been myriad economic cycles that have necessitated modifications in the way lending and restructuring communities operate, but nothing like the changes required by the onset of the coronavirus pandemic. This month’s JCR touches on...
"Clocks slay time... time is dead as long as it is being clicked off by little wheels; only when the clock stops does time come to life" - William Faulkner Though Faulkner wrote these words close to a century ago, their meaning is uncannily prescient during this pandemic. COVID has permeated almost...
To say these are unprecedented times would be an understatement. What the global pandemic has done to economies across the world has never been seen before, and it is far too early in the process to know what the exact long-term impact will be. Added to that, the strain of the health crisis is...
