Warner partner Rozanne Giunta wrote an article featured in the Midland Daily News titled “Take Measures Now Before Filing for Bankruptcy.”
In the article, Giunta writes on how the COVID-19 pandemic has delayed bankruptcy filings thus far, but that may be coming to an end. Bankruptcies are expected to increase starting in the first quarter of 2022 after dipping well below average this year, particularly in the automotive, hospitality and health care industries.
For many of these businesses, bankruptcy isn’t a matter of “if” but “when.” There are things, however, that organizations can do now to better position themselves to come through a bankruptcy restructuring. Guinta provides three steps for businesses to follow in preparing for a bankruptcy filing. To read about those steps in the full Midland Daily News article, click here.
Rozanne Giunta concentrates her practice in bankruptcy and restructuring. To learn more about Rozanne, click here.
