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Expect Flurry of Bankruptcy Filings With Coronavirus Slowdown

By Lidia Dinkova
April 01, 2020

Bankruptcy attorneys expected to get calls as the coronavirus pandemic swiftly slowed the economy — and they were right.

"It's been incredible. It's gone from the TV to my front office door with a speed that I just never experienced," said Luis Salazar, partner at Salazar Law in Coral Gables, FL.

Small businesses and big companies are faced with dwindling foot traffic, shorter hours and occupancy limits enforced by cities plus a slowdown in Chinese imports. They are weighing their options. On the real estate front, commercial landlords are looking closely at their tenants.

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