Pitfalls of Chapter 11 Retail Cases & Practical Tips for Addressing Them
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Pitfalls of Chapter 11 Retail Cases & Practical Tips for Addressing Them
By Eve H. Karasik & Edward M. Wolkowitz, Partners, Levene, Neale, Bender, Yoo & Brill L.L.P.
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...
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Eve H. Karasik is a partner at Levene, Neale, Bender, Yoo & Brill in Los Angeles, where she focuses her national practice on corporate restructuring and bankruptcy. She represents debtors, unsecured creditor and equity committees, trustees, secured and unsecured creditors, and other parties involved in bankruptcy litigation and appeals. Karasik received the Century City Bankruptcy Attorney of the Year in 2015 and TMA Global’s 2007 Large Company Transaction of the Year Award.
Edward M. Wolkowitz is a partner at Levene, Neale, Bender, Yoo & Brill in Los Angeles. A bankruptcy attorney, trustee, and receiver for more than 30 years, he was managing principal of Robinson, Diamant & Wolkowitz before its merger with Levene Neale. Wolkowitz holds a law degree, cum laude, from Southwestern Law School, where he is now on the faculty, and an LL.M. from The University of Michigan Law School.
