McGlinchey Stafford attorneys Rudy Aguilar, Jr. and J-P Perrault were quoted in an article in the Greater Baton Rouge Business Report, “Businesses Impacted by Flooding Have Options for Financing Their Recovery, But They Need to do Some Homework.” Businesses can follow a number of courses of action, from taking on debt to applying for federal loans, to get back on their feet. Aguilar and Perrault discuss additional options, including loan modifications and even how customers might help a flood-affected business during hard times. Read the full article here.
The Flood Law Blog was featured in two articles in the Baton Rouge and New Orleans edition of The Advocate.
In the New Orleans Advocate, an article titled “Law Firms Use Katrina Experience to Help Baton Rouge Area Flood Victims,” McGlinchey Stafford attorneys Brad Axelrod and Jean-Paul Perrault discussed the blog’s roots in the firm’s experience helping clients after Hurricane Katrina in 2005, and how the Flood Law Blog has helped serve as a resource for FEMA assistance and SBA loans.
Perrault is quoted in a second article, “Post-Flood Insurance, Legal Issues Dot Businesses’ Road to Recovery,” on landlord-tenant issues relating to commercial property that have arisen following the flood. Axelrod also commented on cash-flow challenges for small and midsized businesses following a disaster.