Professor Gotberg writes about small businesses, the pandemic and bankruptcy

Professor Brook Gotberg and Vanderbilt Law Professor Paige Marta Skiba recently wrote an article for The Conversation, “What do struggling small businesses need most? Time – and bankruptcy can provide it.” They address the challenges small businesses are facing during the pandemic and suggest one way that they can survive: “What these businesses need most right now is time – breathing space that temporarily freezes expenses while letting them continue to operate and figure out a plan to keep going. In many cases, that means declaring bankruptcy.”