Amid Pandemic, Bankruptcy Lawyer Michael Budwick Pivots from Ponzi Schemes to Candy Store Woes
"As attorneys, we are rewarded for being creative," the Meland Budwick partner said in an interview. "I find that whole aspect of working as a lawyer but also an investigator very exciting."
July 12, 2021 at 04:30 PM
6 minute read
Michael Budwick, partner at Miami-based Meland Budwick, is best known for his work on some of the highest-profile financial crimes of the past two decades. He's appeared on national television to chronicle his recovery efforts for the victims of multimillion and billion-dollar Ponzi schemes, from local scammers like Claudio Osorio to the $2 billion national scheme by Minnesota-based fraudster Tom Petters.
But lately, his primary focus has shifted to a reorganization spurred more by force majeure than outright greed. Budwick is counseling It'Sugar, a national boutique candy retailer with more than 100 locations, as it emerges from Chapter 11 bankruptcy protection.
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