Commentary

The drafters of the bankruptcy code never anticipated the shutdown of the economy that we are seeing.

The principals at George Smith Partners knew that there would be very few deals at that juncture, so it was critical to their survival to be positioned as one the few capital market advisers that were still doing deals.

Since the federal government has been ineffective about ramping up testing and providing sensible guidelines, the public health monitoring process, including contact tracing, may be months away from effective implementation.

Under more normal circumstances, funding and regulatory requirements would be barriers to creating new healthcare spaces quickly, those traditional barriers are being torn down to meet this unprecedented challenge.

Here's one idea: taxpayers could supercharge their 2018 NOLs by amending 2018 tax returns to take advantage of bonus depreciation on QIP.

Unfortunately, this much-needed announcement has been marred by a departure from standard language, causing tax and legal professionals to debate the nature of the relief that the Notice granted.

Because of devastating hurricanes, Florida hoteliers have experience in navigating massive drops in demand and extended recovery periods.

"We fully expect plaintiffs to try to make out a Labor Law 200 or 241(6) violation against owners and general contractors should a worker contract coronavirus and develop significant complications resulting in a prolonged period of unemployment."