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…)
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…)
May 1st, 2020 - Posted in Events
This week marks 11 years since Bast Amron was founded, and we are grateful to our clients, our team members, and our friends who have entrusted us with their businesses and careers. (more…)
April 29th, 2020 - Posted in In The News
MIAMI, FL– April 29, 2020 — CMX Cinemas got a Houston federal judge to pause a lawsuit claiming it’s using the coronavirus “as a pretext for walking away from” a deal to acquire a movie theater chain, a few days after it filed for Chapter 11 in a move the chain’s owner blasted as a bad-faith stunt. (more…)
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…)
April 27th, 2020 - Posted in In The News
MIAMI, FL– April 27, 2020 — A Miami-based movie theater chain filed for bankruptcy protection Saturday in Florida court, listing more than $100 million in debt after it closed its 41 theaters in response to the spread of the COVID-19 virus and walked away from a deal to buy another theater operator. (more…)
April 27th, 2020 - Posted in Brian L. Tannebaum, In The News
MIAMI, FL– April 27, 2020-Brian Tannebaum, Special Counsel in the areas of ethics and white-collar defense for Bast Amron, said in the Florida Record article (more…)
April 26th, 2020 - Posted in In The News
MIAMI, FL– April 26, 2020 – Miami-based movie theater chain hurt by coronavirus pandemic says it needs concessions from studios and landlords. The owner of theater chain CMX Cinemas has filed for bankruptcy protection, saying it needs breathing room from movie studios and landlords because of the economic crisis triggered by the coronavirus pandemic. (more…)
April 24th, 2020 - Posted in Brett M. Amron, In The News, Jeffrey P. Bast, Scott N. Brown
MIAMI, FL– April 24, 2020- Bast Amron has been ranked as a top Florida firm by Chambers USA 2020 publication and attorneys Brett M. Amron, Jeffrey P. Bast, and Scott N. Brown have again been ranked among the top Florida attorneys in Bankruptcy Litigation and Bankruptcy/Restructuring. (more…)
