In March of 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was passed, with a historic $2.2 trillion of economic stimulus aide, to try to offset the social and economic damage inflicted by COVID-19. Along with so many other changes for most...
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Month: May 2020
Businesses Seek Bankruptcy Protection Due to Coronavirus
With so many businesses being shuttered during the COVID-19 pandemic, it’s no surprise that even well-established major corporations are pursuing bankruptcy. J. Crew was among the first of the major corporations to file for bankruptcy amidst the Coronavirus shutdown,...