Reorganize Now or Liquidate Later?

The list of national retailers that have filed for Chapter 11 protection in recent years with the intention of reorganizing but instead wound up liquidating. Remember Circuit City, KB Toys, Borders, Linens-N-Things, and Sports Authority? All gone. Earlier this month, The Limited, an apparel chain dating back to the 1960s, became the first retail casualty of 2017 when it announced it would be liquidating all 250 of its stores. Others are sure to follow. For retailers looking to emerge on the other side of bankruptcy, it’s critical to get out in front of these issues and constituents as early as possible and to move with urgency.

Read more and download the whitepaper below. For additional information on the views expressed in the whitepaper, please contact the authors at FTI Consulting.