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This November, we’re pleased to celebrate the anniversaries of two employees! Their commitment to the success of our firm, our clients, and our community is what sets Perkins Thompson apart. Congratulations to Joseph C. Siviski (Shareholder, Management) for 13 years with Perkins Thompson, and to Michelle N. Laverriere (Legal Assistant) for 2 years. We’re grateful for the dedication and expertise that you bring!

The 12-month period ending June 2025 has seen an 11.5% rise in personal and business bankruptcy filings, driven primarily by consumer petitions. Overall, the data shows more financial stress among households and smaller firms, alongside a smaller but high-profile group of large corporate restructurings and liquidations. Elevated interest rates, inflation, and waning pandemic support have combined to squeeze household budgets and corporate margins. Household cash flows are also feeling pressure from the rising burden of credit card debt, the persistent cost-of-living squeeze, and student loan obligations. Any unexpected expense, like a medical bill or job loss, can become a tipping point toward insolvency. The bankruptcy uptick is expected to carry on until the end of the year; read more here: https://bit.ly/48086ll

Merchant Cash Advances (MCAs) offer an alternative to traditional small business loans, and a quick solution for businesses in need of cash — but they come with risks. From steep repayment terms to impacts on cash flow and personal liability, it’s important to understand the full picture before moving forward. Our latest article breaks down the benefits, drawbacks, and bankruptcy implications of MCAs. Read more here, https://bit.ly/4nzQSAg

We’re proud to announce that eight Perkins Thompson attorneys have been recognized in the 2026 editions of The Best Lawyers in America and Best Lawyers: Ones to Watch in America. This recognition is based on a comprehensive peer-review process, where top lawyers evaluate the talent and abilities of their peers across a wide range of practice areas. Congratulations to David C. Johnson, Brandon J. Mazer, John A. Hobson, James N. Katsiaficas, Anthony J. Manhart, David B. McConnell, Julianne C. Ray, and William J. Sheils! https://bit.ly/3K906Fi

Thanks to the Best Companies Group for naming us one of the Best Places to Work in Maine in 2025! We work hard for our clients, and that hard work comes from a culture of kindness. It's important for us to always see the person across the table or down the hall as a fellow person with their own needs, wants, and desires. Thanks to the team for making this happen!

Real estate law is complicated. It's our job to make it simple. Whether the property you're working on is commercial, industrial, mixed-use, or in any other field, our team is has the experience and knowledge to guide you through the legal regulations you may have to navigate. https://bit.ly/44T7ufW