Borders, Blockbuster, Circuit City, and RadioShack are iconic brands, all killed or dying as a result of the Amazon Effect. Could the next wave include Macy’s, Sears, Best Buy, PetSmart, and even big grocery? The demise of brick-and-mortar retail is said to be overexaggerated, and while that may be...

Retail Chapter 11 cases are the name of the game these days. Retailer debtors file Chapter 11 for various reasons and often with multiple alternative exit strategies. The fortunate distressed retailer—and there are relatively few of them—can effect an internal reorganization, restructuring old debt...

In December 2003, mad cow disease was identified in the North American market, and the Japanese government immediately banned imports of U.S. beef for two years. The 2014-15 avian flu epidemic resulted in 17 percent of U.S. poultry either dying from the disease or being euthanized to halt its...

Jeremy L. Retherford is a partner with Balch & Bingham LLP in Birmingham, Alabama, and chair of the firm's Creditors Rights and Bankruptcy Practice Group. He represents creditors in out-of-court workouts, in enforcing rights and remedies outside of court (e.g., non-judicial foreclosure), and in...

Arizona Richard M. Stivers, Rick Stivers California - Northern Eran Ben-Avi, Rabin Worldwide Inc. Scott Middleman, ICONIQ Capital California - Southern John Ahn, Great American Capital Partners Stephanie L. Curtis, Wells Fargo Capital Finance Zach Doctor, PNC Business Credit Joseph H. Eaton,...

Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management LP have launched Encina Business Credit LLC (EBC) , an independent asset-based lending platform targeting middle market borrowers...

I’ve just returned from the TMA Eastern European Conference held at the Czech National Bank in Prague. In its third year, this conference continues to grow by attracting individuals engaged in or interested in turnaround, restructuring, insolvency, and corporate renewal in the Central East European...

When I last served as guest editor for the JCR , we focused exclusively on an industry familiar to most turnaround practitioners—construction contracting. This time around, readers have the opportunity to dive into a wealth of knowledge spanning a number of current and pervasive topics impacting...

A customer’s bankruptcy often results in a sharp reduction to the value of the receivables owing from the customer. However, in addition to the drop in asset value, there can also be further liability when the bankruptcy trustee later demands the return of a significant amount of money that the...

U.S. Bankruptcy Code Section 363 asset sales have become a favored bankruptcy alternative to the traditional Chapter 11 reorganization. One big reason is perceived cost savings. Because Section 363 sales generally are concluded much sooner than confirmation of a Chapter 11 plan, the associated...