Action Items

Recent media stories have predicted a wave of bankruptcy filings by businesses that have seen dramatic losses of revenue due to COVID-19 (coronavirus). Many such businesses will likely default on loans and leases, and will face eviction and foreclosure actions. But will a bankruptcy filing really provide any relief to a business that has fallen victim to the enormous disruption caused by the virus crisis?

COVID-19 – Bankruptcy Considerations

Click here to review each consideration in more detail: in-depth-covid-19-bankruptcy-considerations

  • Short Term – Bankruptcy Will Provide Breathing Room
  • Long Term – This Situation Is Not Well-Suited To Bankruptcy
  • Bankruptcy, Or The Threat Of It, Does Provide Leverage For Borrowers & Tenants

We Can Help You

We have been on the forefront of dealing with COVID-19 for our clients. Please contact us if you would like to discuss any of these issues or if we can otherwise be of assistance.

COVID-19 Resources

We strongly recommend you evaluate the following pandemic-related business and legal considerations that we have been discussing with our clients in the following Client Alerts:

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