A leading credit rating company is raising an alarm about the reliability of the skilled nursing industry, as the sector is likely to face mounting legal woes in the wake of the COVID-19 pandemic.

A newly-issued DBRS Morningstar  report says it is reviewing the ratings of commercial mortgage-backed securities that are using skilled nursing facilities as collateral in light of the legal liabilities the sector is facing as a result of the COVID-19 pandemic.

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Max Mitchell

Max Mitchell is ALM's Regional Managing Editor for The Legal Intelligencer, New Jersey Law Journal, Delaware Business Court Insider and Delaware Law Weekly. Follow him on Twitter @MMitchellTLI. His email is [email protected].

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