COVID-19, Distressed Debt and Bankruptcy: Mike Fielding, Partner, HuschBlackwell

31/03/2020 33 min
COVID-19, Distressed Debt and Bankruptcy: Mike Fielding, Partner, HuschBlackwell

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Episode Synopsis

Mike Fielding, a Partner at HuschBlackwell, joins us on the podcast to discuss the impact of the coronavirus on distressed debt and bankruptcy. In particular, Mike outlines how lenders should be evaluating existing loans for potential workarounds and how to prepare for an increase in bankruptcy filings as this crisis is prolonged. He also breaks down the impact of the CARES Act which significantly expands the eligibility of businesses to file for bankruptcy.Connect with MBAFacebook | X | LinkedIn | Instagram