Retail Woes: A Running List of Fashion & Retail Bankruptcies
The Fashion Law
JUNE 10, 2021
Chapter 11 can take a number of forms, but in short: A chapter 11 case begins with the filing of a petition with the bankruptcy court by the debtor (the entity that owes the debt – aka the retailers in the cases at hand). That loan must be approved by the judge in the case. Bankruptcy Court filings in New York.
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