The Financial Impact of COVID-19: Bankruptcy 101

Svetlana (Lana) Ros and Bruce J. Wisotsky, Members of law firm Norris McLaughlin, P.A., will present the free webinar, “The Financial Impact of COVID-19: Bankruptcy 101,” for the New Jersey Medical Group Management Association and eight other state Medical Group Management Associations.

About the COVID-19 Bankruptcy Webinar

Discussion topics will include:

  • How the CARES Act has raised the debt ceiling for small businesses
  • Different chapters of bankruptcy
  • Sub-Chapter V rules in the Small Business Reorganization Act
  • Which chapter of bankruptcy may be appropriate for medical practices experiencing financial hardships caused by COVID-19
  • What factors must be considered when determining whether to file for bankruptcy

When: Friday, May 29, 2020

noon – 1:00 p.m.


About Lana Ros

Lana focuses her practice on health care law, specifically in the area of civil and administrative litigation, with a concentration in professional licensure and general defense before government agencies providing oversight to the practice of medicine and dentistry. She also handles transactional and regulatory matters affecting health care providers. Lana routinely represents healthcare professionals before federal agencies, including Medicare, Office of Civil Rights, and Office of the Inspector General, and state agencies such as Department of Banking and Insurance, Attorney General’s Office, and Department of Health. She often writes and lectures throughout New Jersey and New York on legal issues affecting healthcare professionals, such as over-prescribing of medications, inappropriate conduct of practitioners, general licensure, healthcare-related cybersecurity issues, fraud and abuse, medical records, HIPAA, and employment law.

About Bruce Wisotsky

Bruce represents debtors, creditors’ committees, equity committees, trustees, landlords, secured and unsecured creditors in Chapter 11 and 7 bankruptcy proceedings. He has litigated a wide variety of bankruptcy and commercial issues during his career inclusive of contract and lien validity disputes, actions to recover preferential transfers, fraudulent conveyance claims, and non-dischargeability of debt actions. Bruce has also lectured on various bankruptcy issues before the New Jersey Institute for Continuing Legal Education, Turnaround Management Association, and the Essex County Bar Association. He has addressed topics including prosecution and defense of preference actions; treatment of tax claims in bankruptcy proceedings; and retention bonus issues.