Post CONVID-19 Legal Services for Distressed Businesses
Maldonado Law has the following services available for its Florida clients impacted by Coronavirus Shutdowns throughout Florida:
- Creditor and Commercial Work outs and exit strategies for distressed businesses.
- Creditor defense of secured and unsecured debt
- Commercial tenant representation
- Collection Enforcement defense
- Collection of Past Due Receivables
- Tax matters (Florida Sales Tax and Communication Service Tax)
- Professional and Business license defense
- Employment and labor law matters
- Post Shutdown partnership & shareholder disputes
- Stimulus PPL and SBA loan guidance, issues, and audit issues
- Assignment for the Benefit of Creditors (ABC)
- Assets Purchase Transactions and Staking Horse Options
- Federal Bankruptcy Referral
The wake of the CONVID-19 pandemic, and its mandatory business closures, has placed many small and mid-sized Florida businesses under severe financial distress – and their owners faced with unclear options. Merely closing doors and dissolving the company can leave business owners personal liability. Federal stimulus loans carry vague strings that may or may not actually help. Commercial leases may be near default or default. Secured and unsecure debt and credit lines, manageable before, now are at high risk due to the shutdown and sluggish re-opening revenues. Prior lawsuits, tax issues, partnership and shareholder disputes, and employee issues may now be compounding matters and decisions. Moreover, federal bankruptcy may not be an option due to prior bankruptcies or the higher expense due to the nuances of the business or the owners and the business not qualifying,
In response, Maldonado Law Group has reached out to its peers in the legal community to form a working legal team experienced in the needs of small and mid-sized businesses that are financially distressed. These Florida attorneys are seasoned professionals, some board certified by the Florida Bar in their area of expertise. Supporting our attorneys are longstanding consultants versed in the industries hardest hit. This includes: distribution companies, restaurants, franchisees, professional service businesses (professional licensed by the State of Florida and non-licensed businesses, real estate businesses and developers, retail telecommunications companies and mobile phone franchisees, upstart companies (in business less than 18 months), upstart technology and mobile App ventures, ground transportation companies, hospitality businesses and contractors who support hospitality businesses, travel agencies, and small-sized companies supporting the airline industry, When the business or owner’s issues require expertise beyond our team, Maldonado Law Group identifies and refers the matter to other attorneys best verse for the business’ needs. This includes referral to bankruptcy and real estate attorneys.
The Maldonado Law Group has worked with many businesses over the tenure of our practice. Some are within the technology industry. Some are simply those found on main streets of Florida. Most, no matter what type, face similar issues when considering whether to continue on or to close after a financial crisis, particularly when the business had experienced traction and stability before the shut-down.
Contact Maldonado Law through our intake site at www.postcovidlegal.com to answer some initial questions and schedule a confidential initial free consultation about legal options you may have for your financially distressed small or mid-sized business in the post COVID-19 shutdown era. Also ask about our experience and rates.