The Risky Business of Extending Credit to Ch. 11 Debtors
Once a thriving toy retailer, Toys R Us is no more. Debt struggles repeatedly struck the popular chain store in 2016 and led the company to hire a law firm for corporate restructuring the following year. In September 2017, the century-old New Jersey-based company filed for Chapter 11 bankruptcy, only to decide to liquidate in […]
Oregon Economic Forecast
Today, the Office of Economic Analysis presented its sixth of eight economic and revenue forecasts of the 2017-2019. This forecast is somewhat critical in that it is used to develop the Governor’s Recommended Budget for the 2019-2021 biennium which will be released in early December. For the current biennium, revenues continue to beat predictions and as a result, the […]