Restaurant, Hotel and Other Hospitality Issues
Bankruptcy attorney Patricia Scott is one of the presenters for the Restaurant, Hotel and Other Hospitality Issues discussion at the 33rd Annual Bankruptcy Section Seminar for the Federal Bar Association of the Western District of Michigan.
Since Covid-19, the restaurant, hotel, and travel industry in general has been decimated. Can these companies survive? Can they reorganize under Chapter 11? What are their best courses of action? How have lenders reacted to defaults by borrowers in these severely distressed industries? How are restaurant and hotel assets marketed for sale in this environment?