#Bankruptcy

John Coates⚽️

jciv

Financial accounting amid the virus, a brief thread. 1/n As the economy plunges into recession, an open question is how many businesses will run out of cash and be forced

David Sirota

davidsirota

I never said a negative word about @ewarren because I like & respect her (still do!). One of the mysteries to me is why she never put Biden’s bankruptcy bill

David Schleicher

ProfSchleich

Ugh, this @davidfrum piece comes somewhat close to understanding municipal bankruptcy (and thus state bankruptcy) but then screws it up pretty dramatically. https://www.theatlantic.com/ideas/archive/2020/04/why-mitch-mcconnell-wants-states-go-bankru

Amy Liu

amy_liuw

This is grossly irresponsible with a naive sense of what state and local govts do. 1/https://www.bloomberg.com/news/articles/2020-04-22/mcconnell-says-he-favors-allowing-states-to-declare-bankruptcy First, state and local govts employ 13 percent of t

Larry Schweikart

LarrySchweikart

1) I know we all focus on the American economy. But what if, perhaps, the sly Chicoms had a bigger target:world capitalism?2) Note that Greece's hotel industry may be doomed.https://www.zerohedge.com/economics/65-greek-hotels-face-bankruptcy-lock

Wick

ShadowickUK

Meet Marina (Big Mike) Abramovichttps://twitter.com/ShadowickUK/status/1249938809371983872 Meet the Adams oops I mean Maxwell familyhttps://www.dailymail.co.uk/news/article-3395783/Late-media-tycoon-Robert-Maxwell-s-two-sons-face-bankruptcy-proceedin

Jared Ellias

jared_ellias

The @SBAGov just banned firms in Chapter 11 from accessing the #PPP loan program. So: No PPP DIP Loans.The Bankruptcy Code is, like PPP, a set of federal policies for

Ben Inskeep

Ben_Inskeep

"I don't want to fight for scraps in a dying world."- Public commenter just now, whose family was directly impacted by PG&E's wildfires, urging CPUC to reject PG&E reorganization plan.

լᎩภᏃᎥꂅ ☆彡

atmospheracy

In my belief, when a company reorganizes its liabilities and assets, renegotiation (in terms of debt) is catapulted. For example, interest rates can plummet, terms of payment may be extended

🎀 sonyasupposedly.com 🤖

sonyasupposedly

small business owner in a Southern state (friend of mine) says fiscal aid to small businesses is just... not happening so far"This is definitely a death sentence to both of

Benjamin Thibault

ThibaultBen

My family's experience with private delivery of joint replacement dates back to 2006. #abhealth [1/13] Then only 24 years old, my brother underwent a Birmingham hip replacement surgery at the

John Oberlin

OMGno2trump

Breaking: I've never seen anything like this. But you can't buy oil anymore. They are now paying you $56/barrel to take it. Yes, the price of a barrel is now

Bronwyn Williams

bronwynwilliams

To be clear: until our-or any-government explains clearly & precisely:1)the necessary & sufficient conditions for lifting lockdowns 2)the lockdown rollback exit plan & how it’ll be applied to all business

Kavya Balaraman

kavya_balaraman

Busy day for PG&E! A hearing with Judge Alsup this morning, and now @californiapuc is going to vote on approving its Chapter 11 plan. Also, PG&E Corp CFO Jason Wells

Heshmat Alavi

HeshmatAlavi

THREAD1)These are rough times for #Iran’s regime.-Restive society due to rising coronavirus deaths, cases-Economy crumbling-Losing influence in Iraq, Syria-Hezbollah further sanctioned, militias in Syria pounded by airstrikesLet me explain. 2)State

Allie Gula

AllieGula

Ok I’m a Michigan resident and child of a former auto worker. Begging us to vote for Joe while he voted for NAFTA and Bankruptcy reform destroyed the lives of