MIAMI, FL– April 7, 2022, Bast Amron partner Jeffrey Bast recently spoke to Dan Roe, Business Law Reporter, ALM Media, regarding the legislative lapse of small business Chapter 11 bankruptcies that could lead to a national Insolvency wave. Jeffrey was quoted in The American Lawyer, article.
Creditors may have been sympathetic to such plights earlier in the pandemic, but Miami bankruptcy attorney Jeffrey Bast said that, too, is changing.
“I think we’re starting to see the sympathy wear off,” said Bast, co-founder of insolvency boutique Bast Amron. “I’m sure as interest rates pick up, we’ll see further creditor action and activity. That’s going to drive some filings that we can’t work out in an amicable manner.”
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