Ryan C. Reinert, a partner in Shutts & Bowen LLP’s Tampa office, was recently featured in a Business Observer article discussing the expected tidal wave of commercial foreclosures and bankruptcies in the wake of expiring coronavirus relief funding.
The article, titled “Reckoning day: Lawyers ready for tidal wave of bankrupt businesses,” discusses the end of key components of the federal government’s coronavirus relief bill, which have kept businesses afloat for the past several months. Ryan provided insight on how the expiration of these protections and funding options will affect debtors and creditors as businesses move forward with bankruptcy proceedings. “By the end of the year, you're going to start seeing more filings of foreclosure cases,” Ryan says, “and then those go through litigation, and then you end up with bankruptcy as an option.”
To read the article, click here.
About Ryan C. Reinert
Ryan C. Reinert is a partner in Shutts & Bowen’s Tampa office, where he is a member of the Creditors’ Rights/Bankruptcy Practice Group. Ryan is a business bankruptcy practitioner board certified by the American Board of Certification, representing lenders, trustees and creditor committees in Chapter 11 bankruptcy cases. He has represented commercial and individual lenders in federal and state courts, including traditional, pooled, joint venture and CMBS loans. Ryan has also represented asset purchasers, landlords, trade creditors and contractors in business bankruptcy and liquidation cases. Ryan currently serves as a Member of the Board of Directors of the Tampa Bay Bankruptcy Bar Association, the non-profit organization that seeks to provide the information necessary for the practice of bankruptcy law in Tampa through publications, legal education and other events, often with the participation of the local bankruptcy judges.