Beth Sieg, John Thompson Explain Pandemic’s Effect on Bankruptcy Courts in Debtwire

March 17, 2020

McGuireWoods partners K. Elizabeth Sieg and John Thompson were quoted in a March 17, 2020, Debtwire story on how the coronavirus pandemic is affecting U.S. bankruptcy courts. Both are partners in the firm’s Restructuring & Insolvency Department.

The article explains how bankruptcy courts throughout the country are allowing more remote access for lawyers and other participants in court-supervised restructurings.

“The judges are all trying to make it business as usual as much as possible,” Sieg said.

Thompson, who along with Sieg is a member of the firm’s COVID-19 Response Team, said bankruptcy lawyers already are familiar with having to move cases through the courts rapidly and having to be adaptable.

“I think all the parties are going to have to end up being more flexible,” he said. “We have become accustomed to flexibility. . . . I do think people will continue in that spirit.”