PostPandemic

U.S. Economy Wrestles with Post-Pandemic Challenges and Dynamic Shifts in Bankruptcy Trends Through 2024

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Washington, D.C. – As the world grappled with the aftermath of the COVID-19 pandemic, the United States experienced a year filled with significant economic fluctuation and legal transformations in the bankruptcy sector. The landscape of 2024 so far undulates with challenges such as persistent inflation, a dynamic shift in consumer spending habits, and landmark legal precedents affecting major industries and individual consumers alike. Despite reductions in the benchmark federal funds rate, consumer interest rates remained high, reflecting ongoing economic uncertainty. Unemployment rates stayed low throughout the year, presenting a thin silver lining amidst economic challenges … Read more

Cheers to More Cheers: Pennsylvania Set to Extend Happy Hours and Permanently Expand Outdoor Dining Post-Pandemic

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Pittsburgh, PA — Amid ongoing efforts to rejuvenate local economies affected by the pandemic, Pennsylvania is set to extend and revise its liquor laws, potentially offering a lifeline to bars and restaurants across the state. The proposed legislation, which has cleared the state legislature and is awaiting the governor’s signature, aims to increase the permissible hours for happy hours from 14 to 24 hours per week, as well as make permanent certain pandemic-era provisions like expanded outdoor seating. Len Semplice, proprietor of Redbeard’s Bar & Grill in Mount Washington and downtown Pittsburgh, hailed the legislative … Read more