Rebutting the Presumption of Insolvency During a Pandemic

November 2, 2020
American Bankruptcy Institute

Types : Bylined Articles

As the COVID-19 pandemic continues to cause harsh economic conditions throughout the U.S., many companies face the difficult prospect of bankruptcy. Smaller businesses in particular have had to endure significant pain as a result of state-mandated closures, stay-at-home orders, public fears about the virus and tighter lending conditions. Certain industries, such as leisure, dining and travel, have been hit especially hard by the pandemic.[i]


[i] Brad Moon, “24 Bankruptcy Filings Chalked Up to COVID-19,” Kiplinger (Sept. 11, 2020), available at (unless otherwise specified, all links in this article were last visited on Sept. 24, 2020).

To read the full article, click here.

This article was reprinted with permission from the ABI Journal, Vol. XXXIX, No. 11, November 2020.

The American Bankruptcy Institute is a multi-disciplinary, nonpartisan organization devoted to bankruptcy issues. ABI has more than 12,000 members, representing all facets of the insolvency field. For more information, visit



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