alerts & publications
The Wall Street Journal: Viewpoint- Sports Venues Face Possibility of Restructuring Amid Coronavirus FalloutMay 26, 2020 | Sports, Stadiums & Arenas
Restructuring partner Nancy Mitchell and Sports Industry Group Co-Chair Irwin Raij co-authored this bylined article discussing the implications of COVID-19 on sports venues.
“Stadiums and arenas across the U.S. are dark due to the coronavirus pandemic. While stadium operators are putting measures in place to reopen (including altering venues to facilitate social distancing), we don’t know what sporting events will look like exactly after society reopens. It is clear that owners of stadiums and arenas—many of them municipalities—will need to evaluate the impact of the pandemic on their financing, particularly if the crisis alters behavior over an extended period,” the lawyers wrote.
The Wall Street Journal subscribers can access the full article here.
Thank you for your interest. Before you communicate with one of our attorneys, please note: Any comments our attorneys share with you are general information and not legal advice. No attorney-client relationship will exist between you or your business and O’Melveny or any of its attorneys unless conflicts have been cleared, our management has given its approval, and an engagement letter has been signed. Meanwhile, you agree: we have no duty to advise you or provide you with legal assistance; you will not divulge any confidences or send any confidential or sensitive information to our attorneys (we are not in a position to keep it confidential and might be required to convey it to our clients); and, you may not use this contact to attempt to disqualify O’Melveny from representing other clients adverse to you or your business. By clicking "accept" you acknowledge receipt and agree to all of the terms of this paragraph and our Disclaimer.