Spencer Fane attorneys Kris Dekker and Peter Riggs recently wrote an article featured in Show Me Banker and The Arizona Banker outlining the ways companies are addressing bankruptcy matters during the pandemic.
The articles cover the business trends, concerns, and bankruptcy relief during this time of unprecedented economic uncertainty. Kris and Peter highlighted trends that were accelerated or exacerbated by COVID-19 in 2020, including the decline in physical retail which impacted the commercial real estate industry.
The authors emphasized that there is no uniform impact across economic sectors. “Certain sectors faced devastating impacts, while others thrived. Not surprisingly, many companies were able to adapt to the pandemic using new delivery models for their products and services, some of which may continue after the pandemic,” Kris and Peter explained in the article.