Looking to Precedent to Reduce Litigation, Save More Retailers
By George Howard, Counsel, Skadden, Arps, Slate, Meagher & Flom LLP
With the surge in retailers filing for Chapter 11 over the last several years, precedents abound for the debtor-in-possession (DIP) packages put together to finance the bankruptcy cases of retail debtors. Certain patterns and common practices have begun to emerge.
A review of large retail...
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.
George Howard is a partner with Vinson & Elkins LLP. His represents debtors, creditors (including syndicated bank groups and agents), equity holders, and distressed investors in all aspects of complex corporate restructurings. He also advises boards of directors and senior management of financially troubled companies regarding a range of complex commercial transactions and restructurings. In 2019, Howard was named an emerging leader by the American Bankruptcy Institute’s 40 Under 40 initiative and as an Outstanding Young Restructuring Lawyer by Turnarounds & Workouts.
