PKF Advisory News, Publications & Insights
For many business owners, bankruptcy has likely been viewed as a tool of last resort. However, Congress recently added a tool to the proverbial financial toolbox that could result in small businesses taking a different view of bankruptcy.
Since the start of 2020 when COVID-19 began to have a larger and more direct impact in the U.S., companies have been faced with many challenges.
The insurtech start-up Lemonade more than doubled its shares during its market debut last week. Following in the wake of this success, Allstate and KKR launched M&A deals, indicating the pandemic has not stifled the insurance industry.
We don’t know for sure whether the U.S. economy will rebound and boom once the lockdown ends and we are all back to business. We do know ‒ at least for the short-term ‒ it will not be “business as usual” as we enter the “new normal” of social distancing.
