Meeting Customers’ Shifting Expectations Is the Next Big Retail Real Estate Restructuring Challenge
For the past decade, much has been written about the transformation of retail—specifically, what it implies for the future of traditional brick-and-mortar retail. The prime driver of this disruptive force has been the evolution of omnichannel retail, which is rapidly changing consumer expectations...
Retail, Real Estate & COVID-19: Pandemic Workouts & Predictions for the New Normal
The onset of the COVID-19 pandemic was too much for many businesses to bear. In the words of Warren Buffet, “Only when the tide goes out do you discover who's been swimming naked.” When the tide went out in March 2020, restructuring demands were exacerbated for certain real estate players. The...
Hopeful Signs and Dire Omens: The Complex Calculus of Real Estate Optimization
With fiscal Q4 now underway, turnaround and restructuring professionals could be forgiven for feeling somewhat ambivalent—or even confused—about the state of key components of the American economy. After all, the news—both macroeconomically and in specific sectors such as office, retail, or family...
COVID-Induced Surge  in Housing Demand  Continues to Impact Commodity Wood Pricing
Since early 2020, the market for commodity wood products has witnessed greater price volatility than at any time in the last 25 years. A confluence of historic events—COVID-19, surging demand, and supply chain disruptions—has led to once-in-a-generation swings in commodity prices. While prices have...
Despite Challenges, Significant Opportunities Exist for Informed Cannabis Investors
It should come as no surprise that cannabis is one of the fastest growing industries in the United States. In spite of the current federal illegality of cannabis, 1 the numbers indicate that it is only a matter of time before cannabis’s status as a Schedule I controlled substance under the...
Proceed with Caution: Chapter 15 at the Intersection of the CSA and Bankruptcy Code
The growing trend of cannabis legalization in the United States and abroad has created a level of uncertainty for U.S. cannabis operations experiencing financial distress. In particular, because cannabis remains illegal at the federal level, cannabis and cannabis-adjacent businesses have largely...
A View from the North: Canada’s Experience with Legalised Cannabis
Canada is the first G7 nation to federally legalise the use of cannabis for both medical and recreational use, and can be considered the world leader in a global trend of deregulation. Starting in 2001, authorized medical patients were legally able to access cannabis through the Medical Marijuana...
Marijuana-Related  Businesses Ineligible for Remedies Under Federal Law Have Other Options
More and more U.S. states have legalized the cultivation, distribution, and use of marijuana. Some states have legalized it only for medical purposes, while others have also legalized it for recreational purposes. As two examples, New York State recently enacted the Marijuana Regulation and...
Pandemic Sparks Exponential Growth  in Grocery Delivery Services
While the COVID-19 pandemic wreaked havoc on many industries in the global economy, e-commerce usage among everyday consumers skyrocketed during this unprecedented time. The increase in online purchasing was a direct result of the pandemic, as consumers opted to stay at home and rely on the...
Considering Independent Directors to Improve Governance of Family-Owned Businesses
Family-owned businesses (FOBs) are a vital part of the U.S. economy, constitute the realization of the American dream for many, and play a critical role in the creation of generational wealth. There are 5.5 million FOBs in the United States, and they contribute 57% of the total gross domestic...