TMA Global CEO Scott Y. Stuart, Esq., was quoted in an article posted March 14 on Thomson Reuters’ Refinitiv.com detailing Neiman Marcus’ proposal to restructure a portion of its roughly $4.7 billion in debt.


"Retail has been trying to figure itself out for a couple of years now,” said Scott Stuart, chief executive officer at Turnaround Management Association, a member-focused organization specializing in corporate restructurings. “The industry has significantly changed. With Amazon, malls in suburban areas are being abandoned and leases are too expensive to allow retailers to survive.” Scott Y. Stuart, Esq.

To read the full article, contact Aaron Weinman at aaron.weinman@thomsonreuters.com