Following a flurry of retail chapter 11 bankruptcy filings in 2017 continuing into 2018, the retail sector remains in transition and distress. This program focuses on the reasons for ongoing distress in the retail sector, warning signs of an impending retail bankruptcy, and the importance of the credit department in managing financial exposure to retailers in distress and in bankruptcy. The speakers will discuss the disastrous 2017 Toys ‘R’ Us 4 of 7 bankruptcy, and the events leading to it, as a cautionary tale in dealing with troubled retailers both before and after they file for bankruptcy protection, including the risk of extending credit to retailers in chapter 11 and strategies for minimizing risk of non-payment of claims.
Speakers:
- Bruce S. Nathan, Partner, Lowenstein Sandler LLP
- Andrew D. Behlmann, Counsel, Lowenstein Sandler LLP
Location:
Sheraton Grand at Wild Horse Pass, 5594 W Wildhorse Pass Boulevard, Phoenix, AZ
