When Financial Stress Turns to Distress–Restructuring Tools to Avoid Disaster
Parts 1 and 2: Chapter 11 Checklist and What Else Is in the Toolbox
USA, Employment & Labor, Insolvency & Restructuring, Lowenstein Sandler LLP, Bankruptcy, Coronavirus, Title 11 of the US Code
Introduction
A recent decision from the United States District Court for the Southern District of New York (the District Court) in the bankruptcy cases of Sears Holdings Corp. may loom large in a day and age when shopping mall operators are seeking creative alternatives to the traditional, retail-oriented anchor-store business model.
USA, Insolvency & Restructuring, Litigation, Real Estate, Lowenstein Sandler LLP, Bankruptcy, Private equity, Landlord