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Say Farewell to 2020 with Your Favorite Blogs

2020 has been a year like no other, and through our blog, the Epiq Angle, we have explored many new topics to help you keep up with the changes that COVID-19 has thrust upon us.  Every sector in the legal industry has been impacted. Throughout it all, we have focused on identifying trends, uncovering new technology, and providing tips and tricks to cope with these ever-changing times.

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Predictions for Bankruptcies in 2021

The U.S. economy has experienced a tumultuous year. COVID-19 has caused businesses and individuals alike to turn to bankruptcy in order to keep their creditors at bay. Others have delayed filing because they have been able to take advantage of pandemic relief options made available this year. Individuals have been helped by stimulus checks, pandemic unemployment benefits, as well as the ability to defer mortgage and student loan payments, all made available through the CARES Act.

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The Pandemic Strikes Again: Energy Sector Bankruptcies Rise

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 early 2020.

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Pandemic Continues to Force Businesses to Explore Bankruptcy

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 restaurant industry has been the hardest hit industry along with the travel and hospitality sectors rising in the ranks of impact severity.

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