In its May 2020 edition, Attorney At Law Magazine featured the article “What To Do If Your Client’s Customer Files Bankruptcy?” by Sapientia Law Group’s Ken Edstrom. Although the number of personal and business bankruptcies have steadily declined since the peak of the Great Recession, Edstrom warns that the arrival of COVID-19 will quickly put an end to that trend. Even if a business is on strong financial footing sufficient to survive the pandemic, its counsel should still understand bankruptcy law basics in order to protect her client’s interests. Edstrom explains why this is important and what businesses should know.
Ken Edstrom has been a bankruptcy practitioner in Minneapolis for over 35 years and has been involved in most of the largest bankruptcy cases filed in Minnesota during that time, representing debtors, DIP lenders, secured creditors, committees of unsecured creditors, and other interest holders. He is also involved in state insolvency proceedings including receiverships and assignments for the benefit of creditors. Ken is one of only six lawyers in Minnesota who is Board Certified in business bankruptcy by the American Board of Certification and is a perennial holder of “Superlawyer” status. Click here to learn more about Ken and how to contact him.