Retail executives have felt the impact of the new and more demanding business environment in recent years. The rising challenges of new competition, technology, consumer demographics, etc., have caused unsettling shifts few could have predicted as the new millennium began. Major disruptive trends...

A dispute arising from the bankruptcy cases of Sports Authority Holdings Inc. highlights an issue that could be at the forefront of upcoming retail bankruptcies and should always be considered by parties with credit exposure to distressed retailers. The dispute centered on the competing claims of...