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United Airlines plans to lay off 454 catering employees at DIA

United Airlines plans to lay off 454 catering employees at DIA
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Commercial Bankruptcy Filings on the Rise Through and After COVID

Thursday, July 22, 2021 Even prior to the global impact of COVID-19, commercial bankruptcy filings were already on the rise. As stay-at-home orders caused many businesses to close or significantly curtail operations in 2020, financial struggles in the commercial sector mounted. Government assistance through the passage of different stimulus programs such as the Coronavirus Aid, Relief, and Economic Security (CARES) Act (2020) and Coronavirus Response and Consolidated Appropriations Act (2021) has temporarily helped companies stave off difficult financial decisions. In addition, lenders may have been more willing to provide modifications to loan agreements to provide for some payment relief in the near term. However, as stimulus funds dry up and business returns to normal, many companies may find themselves still financially struggling with nowhere to turn. When a company’s financial performance declines to the point where it is approaching insolvency, the company’s di

Chamber Tells 11th Circ WARN Can t Apply To Virus Closures

Chamber Tells 11th Circ. WARN Can t Apply To Virus Closures By Law360 is providing free access to its coronavirus coverage to make sure all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to sign up for any of our weekly newsletters. Signing up for any of our section newsletters will opt you in to the weekly Coronavirus briefing. Sign up for our Food & Beverage newsletter You must correct or enter the following before you can sign up: Email (NOTE: Free email domains not supported) Primary area of interest Thank You!

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