News

In an article published in Miami Today, Gregory K. Bader discusses the relatively low occurrence of loan defaults during the Covid-19 pandemic. Bader details this can be attributed to several factors, including low interest rates, lender leniency and federal aid.

"The Federal Reserve and regulators were very swift giving banks flexibility in terms of providing additional liquidity and providing regulatory relief as to how they classify troubled assets," Greg noted.

The article explains that low interest rates and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) introduced funding that enabled individuals and businesses to stay afloat and prevent defaulting on payments. These combined measures of support positioned banks to avoid what could have been a loan default crisis during the worldwide pandemic.

Read the entire Miami Today article here.

Gregory K. Bader focuses his practice on mergers and acquisitions, regulatory compliance, securities offerings, and advising companies and their management as they make critical business decisions. He has been involved with mergers and acquisitions for numerous public and private companies operating inside and outside of Florida. He has handled a wide array of business combinations, reorganizations, conversions and financings. He has also assisted numerous companies and financial institutions with their transactional and regulatory needs, including securities offerings, public company filings, regulatory compliance, lending, holding company and bank formations, trust operations, broker-dealer and insurance operations, executive compensation, corporate governance, and general corporate counseling.

Related Professionals

Jump to Page

Gunster Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek