In an article published by The American Lawyer, leaders of firms who serve mid-market businesses said that while larger transactions have slowed amid coronavirus concerns, smaller deals are still moving forward, with clients being “eager to close.”
As labor & employment, bankruptcy and hospitality concerns continue to arise, law firms are receiving many questions from clients regarding extending lines of credit and the economy.
Bowman Brown, Chairman of Shutts & Bowen’s Executive Committee and Chair of the firm’s Financial Services Practice Group, noted the importance of the travel, leisure and tourism businesses to the local economy.
“We’ve had clients call us for assistance for evaluations on government and state programs to provide support to various industries,” he said. “And we anticipate that we will be; that is going to be a very busy area.”
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About Bowman Brown
Bowman Brown is Chairman of the Executive Committee and the Financial Services Practice Group of Shutts & Bowen LLP. Bowman has been named in Best Lawyers in America® every year since 1983. He is currently listed in five areas: Banking Law, Corporate Law, Insurance Law, International Trade and Financial Law and Mergers & Acquisitions Law. He was named by Chambers USA – America’s Leading Lawyers for Business 2005 as a “dean of the bank regulatory world – if you want to set up in Florida, he’s your guy.” He has been named by Chambers USA every year since 2007 as the only Florida banking and finance lawyer to receive Chambers’ highest rating — the “Star Individual” designation. In 2015, he earned Martindale-Hubbell’s highest rating for legal ability and ethical standards. In 2016, he was the only lawyer listed by the Expert Guide for Florida and the region south of Washington, D.C. in Banking, Finance and Transactional Law.