Financing Techniques to Enhance Creditors’ Protections in Retail Bankruptcy Cases
Share
Financing Techniques to Enhance Creditors’ Protections in Retail Bankruptcy Cases
By Adam Rogoff, Partner & Rachael Ringer, Senior Associate, Kramer Levin Naftalis & Frankel LLP
It cannot really be debated that the Four Horsemen of the “retail apocalypse” have arrived and are comfortably hanging around the nation’s shopping districts. Dozens of retailers filed for bankruptcy in recent memory, including Bon-Ton, Claire’s, Gibson Brands, and Brookstone, with more on the...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 52 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Rachael L. Ringer is a senior associate in Kramer Levin’s Bankruptcy and Restructuring practice. She has been involved in some of the largest and most multifaceted bankruptcies across a diverse range of industries, including retail, oil and gas, shipping, manufacturing, and healthcare, and has represented official creditor committees, creditors and creditor groups, and corporate debtors in complex restructurings. Ringer is currently representing the creditors’ committee in the Toys R Us bankruptcy.
Adam C. Rogoff is a partner in Kramer Levin’s Bankruptcy and Restructuring practice. He provides corporate governance advice to boards and executives in all aspects of restructurings. His clients include corporate debtors; creditors’ committees; secured creditors and DIP lenders; and distressed-asset purchasers in complex in- and out-of-court restructurings and workouts. Rogoff currently represents the creditors’ committee in the Toys R Us bankruptcy and has represented numerous distressed department and specialty store retailers. He speaks frequently on panels focused on retail.