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Bast Amron

Bast Amron

Miami Business and Bankruptcy Litigation Law Firm

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BAST AMRON BLOG

BANKRUPTCY CHALLENGES FACING RESTAURANTS IN THE COVID ERA

BANKRUPTCY CHALLENGES FACING RESTAURANTS IN THE COVID ERA

May 15, 2020 by Maylynn

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May 15th, 2020 - Posted in BA Blog by Scott Brown

We’ve all read about the recent bankruptcy filings of large national retailers such as JCrew and Neiman Marcus, with predictions of many more to come, but there’s been far less press about restaurants and restaurant chains that have filed bankruptcy or are likely to file bankruptcy. (more…)

Bankruptcy: Business Owners are Unaware of Tools Available to Preserve Their Businesses and The Economy

Bankruptcy: Business Owners are Unaware of Tools Available to Preserve Their Businesses and The Economy

May 14, 2020 by Maylynn

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May 14th, 2020 - Posted in BA Blog by Jeffrey Bast

Many small to mid-sized business owners are simply unaware of the tools currently available for preserving their business.   A recent article in The Washington Post suggests that making it easier to file bankruptcy could avert economic catastrophe. (more…)

Coronavirus claims its first US sports league casualty, the XFL

Coronavirus claims its first US sports league casualty, the XFL

May 5, 2020 by Maylynn

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May 5th, 2020 - Posted in BA Blog by Scott Brown

While we do not yet know the full financial impact of Coronavirus on America’s four major professional sports leagues (NFL, NBA, NHL and MLB), the pandemic has claimed its first US sports league casualty – namely, WWE chairman, Vince McMahon’s, reincarnated XFL. (more…)

Retailers with shuttered stores and dwindling sales evaluating financial options

Retailers with shuttered stores and dwindling sales evaluating financial options

May 4, 2020 by Maylynn

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May 4th, 2020 - Posted in BA Blog by Jeffrey Bast

The current crisis has left many retailers, both large and small, trying to figure out how to best configure themselves in what has now become the new retail environment. Surviving means cutting expenses to the bare minimum, negotiation concessions on debt re-payment obligations from lenders, and pursuing all available government stimulus programs. (more…)

BAST AMRON AT 11: SPOTLIGHT ON SCOTT BROWN

BAST AMRON AT 11: SPOTLIGHT ON SCOTT BROWN

April 29, 2020 by Maylynn

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April 29th, 2020 - Posted in BA Blog by Scott Brown

We started our passion post series in celebration of our first decade anniversary as a firm which now seems so long ago. (more…)

New PPP Rules for Businesses Involved in Bankruptcy Proceedings

New PPP Rules for Businesses Involved in Bankruptcy Proceedings

April 27, 2020 by Maylynn

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April 27th, 2020 - Posted in BA Blog by Jaime Leggett

Many companies have questioned how their insolvency would impact their PPP applications, which require them to affirm that they have been adversely impacted by COVID-19. The SBA has issued a new rule stating that a PPP borrower or its owner cannot be in bankruptcy prior to disbursement of the loan. Per the Rule: (more…)

Stimulus Bill Changes to Small Business Reorganization Act and Consumer Bankruptcy

Stimulus Bill Changes to Small Business Reorganization Act and Consumer Bankruptcy

April 3, 2020 by Maylynn

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April 3rd, 2020 - Posted in BA Blog by Jamie Leggett

In November, we discussed the Small Business Reorganization Act (SBRA) passed by Congress to speed up the process and reduce the cost of bankruptcy for small businesses (under $2.7 million in debt). (more…)

CLIENT ALERT: Paycheck Protection Program – Guidelines for Small Businesses

CLIENT ALERT: Paycheck Protection Program – Guidelines for Small Businesses

April 1, 2020 by Maylynn

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April 1st, 2020 - Posted in BA Blog, Client Alert by Jeffrey Bast

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses and nonprofits keep workers employed during the global pandemic and economic downturn. (more…)

TEMPORARY RELIEF AVAILABLE TO FEDERAL STUDENT LOAN BORROWERS

TEMPORARY RELIEF AVAILABLE TO FEDERAL STUDENT LOAN BORROWERS

March 27, 2020 by Maylynn

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March 27th, 2020 - Posted in BA Blog by Dana Quick

While struggling student loan borrowers continue to wait for more permanent solutions to their student loan debt as outlined in my previous blog post Student Loans in Bankruptcy, the U.S. Department of Education (“DOE”) has provided some temporary relief available to federal student loan borrowers. (more…)

Coronavirus Business Challenges

Coronavirus Business Challenges

March 18, 2020 by Maylynn

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March 18th, 2020 - Posted in BA Blog, Client Alert by Jamie Leggett

The novel coronavirus (COVID-19) has begun its disruption of the United States and the world.  Scientific knowledge and public responses are changing day by day. Still, the fallout is already beginning to appear: a recent NPR/PBS NewsHour/Marist poll says that 18% of Americans report being let go or having their hours reduced. (more…)

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Media Contact

Maylynn Menoud  | Marketing Director
T: (305) 379-7904 | D: (305) 357-4794
mmenoud@bastamron.com

BAST AMRON is a boutique law firm focused on business insolvency and litigation. Our insolvency practice emphasizes workouts, restructurings, liquidations, bankruptcy, and bankruptcy avoidance. We represent debtors, creditors, committees, trustees, and other fiduciaries in bankruptcies, receiverships, and assignments for the benefit of creditors. Our litigation practice is primarily plaintiff oriented. We know how to investigate, formulate and prosecute claims arising from business disputes. By combining our business insolvency knowledge with our extensive courtroom experience, we successfully guide our clients through all aspects and types of commercial litigation in state and federal courts across the country. Whether the issue is litigation or insolvency or both, we view our clients’ needs through a holistic lens to formulate and implement dynamic solutions to their most important challenges.

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