There have already been drastic business ramifications of the COVID-19 pandemic, and more dangers may lurk ahead. In such an environment, there are legal effects to consider as well. For many companies, including asset-based lenders, taking a look at the situation from such a perspective will be critical.
In the third episode of ABF Journal’s COVID-19 focused podcast, Jeffrey A. Wurst, a senior partner at Ruskin Moscou Faltischek and a long-time contributor to the ABF Journal, shared some of the silver linings of working from home as well as his expectation of an uptick in bankruptcy filings from mainstream middle market companies and a return to “old fashioned bankruptcy.” He also spoke about what the federal stimulus package could mean for lending and bankruptcy.
