Key Constituents In Retail Bankruptcy: A Shifting Landscape
Law360 (February 26, 2018, 1:14 PM EST) -- As of the end of 2017, there were no less than 30 major retail bankruptcy filings, exceeding the total number of major retail cases filed in 2016. Retailers are confronted with market pressures and unique legal issues in bankruptcy that make successful reorganizations more difficult to attain. It is clear that the trend of failing retailers will intensify before it improves. Healthy, stressed or challenged retailers competing for market share are in a position to acquire the assets of distressed retailer debtors and gain market share.
As retailers and bankruptcy discover their new and uneasy relationship, it is essential that retailers,...
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