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	<title>COVID-19</title>
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	<title>COVID-19</title>
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		<title>Fiduciary Duties And Financial Distress In The Time Of COVID-19</title>
		<link>https://bankruptcy.cooley.com/2020/03/articles/fiduciary-duties-and-financial-distress-in-the-time-of-covid-19/</link>
		
		<dc:creator><![CDATA[Bob Eisenbach]]></dc:creator>
		<pubDate>Mon, 23 Mar 2020 14:58:51 +0000</pubDate>
				<category><![CDATA[Recent Developments]]></category>
		<category><![CDATA[The Financially Troubled Company]]></category>
		<category><![CDATA[assignment for the benefit of creditors]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[directors]]></category>
		<category><![CDATA[fiduciary duty]]></category>
		<category><![CDATA[zone of insolvency]]></category>
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					<description><![CDATA[The COVID-19 pandemic has caused unprecedented economic disruption, creating sudden financial distress across industries. Companies &#8230; ]]></description>
										<content:encoded><![CDATA[<p>The COVID-19 pandemic has caused unprecedented economic disruption, creating sudden financial distress across industries. Companies are now facing impacts ranging from a dramatic decline in revenue of uncertain duration, to potential setbacks to M&A transactions, to delayed or canceled financing rounds. With even some previously well-performing companies potentially entering the so-called zone…</p>
<p><a href="https://bankruptcy.cooley.com/2020/03/articles/fiduciary-duties-and-financial-distress-in-the-time-of-covid-19/" rel="nofollow">Source</a></p>]]></content:encoded>
					
		
		
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