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In an effort to combat inflation, the Federal Reserve (Fed) is raising interest rates. Inflation is a decrease in the purchasing power of our money which causes prices to increase in goods and services over time. The pandemic has presented added...

There is no argument that throughout the pandemic, travel has been one of the hardest hit industries. Domestic and international restrictions, capacity limitations, cancelled events, remote operations, illness, and fear caused people to travel...

Most government aid has ceased or is winding down, and rising inflation and tightening monetary policies will threaten some companies’ ability to remain financially strong. This allows for more realistic 2022 predictions – and what is likely on...

The healthcare industry has been under financial stress for years, with a record-setting number of bankruptcy filings in 2018. High filing numbers continued into 2019 and 2020, as effects from the pandemic exacerbated the situation. According to...

In March 2021, the U.S. Department of Education noted that student loan borrowers owed $1.6 trillion federal and private loans. For many, loans are the only option to attend a U.S. university or college for undergraduate, graduate, and...

Bankruptcy courts have had an increase in activity since the COVID-19 pandemic struck, especially for small businesses facing financial challenges. The Small Business Reorganization Act (SBRA), which was passed in August 2019 and became effective...

Mass tort actions are large and complicated matters generally involving a wide cross section of plaintiffs with varying degrees of harm caused by a product or substance. Cases involving serious product failures like vehicle airbags or exposure to...

While the airline industry has benefited from a special federal stimulus loan package tied to the impact of COVID-19, the energy industry has not been as fortunate to date. Many energy companies were distressed before the pandemic hit the US in...

The COVID-19 pandemic has affected the U.S. economy so deeply that it will take a long time for businesses to recover, if they can recover at all. Many commercial industries have been turned upside down in the course of just a few months. The...

While almost every industry has been affected, some industries have been impacted more severely than others. Industries exhibiting the most distress over these past few months include retail, restaurants, energy, industrial, and hospitality.

Many questions arise during the discovery process: What type of data do parties need to preserve? How should they obtain, review, and disclose it?