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Bankruptcies are coming — here’s how businesses might make it through

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Three Albany attorneys who practice business law are expecting a wave of Chapter 11 bankruptcies due to the mandatory closures, travel restrictions and other major disruptions from the coronavirus pandemic.

Justin HellerRobert Rock and Peter Pastore — each with decades of experience — told the Albany Business Review in separate interviews that businesses will first try to extend payment plans with creditors and/or landlords and seek other financial relief during the crisis.

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