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Retail Resuscitation A Race Against The Clock In Amazon Era

Law360, New York (July 28, 2017, 8:10 PM EDT) -- As distressed brick-and-mortar retailers continue to feel the pinch of a shift in consumer habits, their ability to successfully reorganize in fast-paced bankruptcy proceedings is no longer a sure thing, experts say, and increasingly a retailer's fate is determined in negotiations with creditors before filing.

With the rise of Amazon.com Inc. and the growing ubiquity of online shopping, it’s much harder for distressed retailers with a large scale physical footprint to survive than in years past, but a 12-year-old amendment in the U.S. Bankruptcy Code is...
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