Retail: Bankruptcy
Crowell & Moring's creditors' rights, bankruptcy and restructuring attorneys have substantial experience representing every type of constituency in retail insolvencies: preparing for threatened bankruptcies; protecting rights in bankruptcies, and resolving disputes after bankruptcies. Our practice has included anchor tenants, landlords, secured lenders, unsecured creditors and shopping center owners. We have played leading roles in some of the larger cases, including General Growth Properties, Pueblo International, LLC., Kmart Corp., Ames Department Stores, and Levitz Furniture. Our experience also extends to the successful representation of purchasers and other interested parties in connection with the acquisition or disposition of assets and locations in retail cases.
Our experienced retail insolvency attorneys are part of our creditors' rights, bankruptcy and restructuring team, which provides clients with creative and practical solutions to business problems. We deliver results in both the bankruptcy and pre-bankruptcy contexts, and focus our efforts on developing and implementing customized strategies to solve our clients’ complex financial issues.
Crowell & Moring's bankruptcy and restructuring practice is national in scope. With a group comprising 18 specialists, we have served extensively as counselors and litigators for creditors, debtors, and other affected parties. We are continuously advising our clients on the range of issues that result from doing business with troubled companies, and we have litigated matters for our clients in state and federal trial courts as well as courts of appeal. We have prosecuted and defended cases throughout the country, including Alabama, California, Colorado, Delaware, the District of Columbia, Florida, Illinois, Indiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Texas, Utah and Virginia.
Recognizing that every client relationship must be highly customized and supported by a knowledgeable team of skilled practitioners, we employ a full range of options to achieve the best and most economical results for our clients. The versatility of our team is further enhanced by the sophisticated business sense derived from our extensive experience in the retail and related industries.
Representative matters in the retail industry include:
- Representation of various retailers in connection with leasehold issues in the General Growth Chapter 11
- Representation of purchaser in connection with its acquisition of assets and locations of mattress store chain
- Representation of a nationwide furniture retailer in its chapter 11 reorganization
- Representation of various landlords and unsecured creditors in chapter 11 proceedings of a major national discount retailer
- Representation of numerous affiliated companies who owned and/or controlled in excess of 80 Kmart locations (leases and ground leases)
[Also see: Crowell & Moring's Bankruptcy Practice]