TAMPA, FL – Shumaker, Loop & Kendrick, LLP is pleased to announce that Tampa Partner and Bankruptcy Lawyer Steve Berman was interviewed by CNBC Asia on the wave of bankruptcies currently being filed in the U.S. as a result of COVID-19. Steve discussed how businesses with substantial real estate footprints, including brick and mortar retail, travel, hospitality, and domestic energy producers have been hit particularly hard, while the tech and energy sectors are also vulnerable. Steve also addressed what companies should keep in mind when filing for bankruptcy and what it typically looks like depending on the amount of assets and liabilities along with the secured debt and equity structure.  Watch a clip of the interview here. 

Steve has focused his practice as a business bankruptcy litigator representing creditors, distressed debt lenders, trustees, committees and business entities litigating disputes in bankruptcy court.  Steve is board certified by the American Board of Certification in both creditors' rights law and business bankruptcy law and is a member of the Florida, District of Columbia, Puerto Rico and California Bars.

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Founded in 1925, Shumaker, Loop & Kendrick, LLP is a full-service law firm with more than 265 lawyers and seven offices in Toledo and Columbus, Ohio; Tampa and Sarasota, Florida; Charlotte, North Carolina; Charleston, South Carolina; and Bloomfield Hills, Michigan. Shumaker is a premier provider of quality legal services. Whether it's commitment to clients or work in the community, involvement lies at the core of all of Shumaker’s initiatives.