Managing Risks in Doing Business with Administratively Insolvent Retail Debtors
By Nicholas J. Zluticky, Partner, Stinson
When a retailer files a Chapter 11 bankruptcy case, its suppliers face the critical decision of whether to continue shipping goods to the retail debtor post-petition. Cutting off all further shipments would limit any further loss but would also guarantee that the supplier had little to no chance...
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Nicholas J. Zluticky is a partner in the Kansas City office of Stinson. He represents a broad range of clients in all facets of bankruptcy, receiverships, foreclosures, out-of-court workouts, and restructurings, including serving as lead counsel for the 76 debtors in the largest bankruptcy case ever filed in Kansas. He brings experience with lenders in nationwide cases to banks of all sizes in bankruptcy proceedings and related litigation. Zluticky was recently named to the ABI’s 40 Under 40 class of 2019.