Supply Chain Issues May Spur More Retail Bankruptcies In The Year Ahead
By Robert Gayda, Partner, & Catherine LoTempio and Andrew J. Matott, Associates, Seward & Kissel LLP
As most restructuring professionals would attest, 2021 was a historically slow year for corporate bankruptcy filings. Across the industry, filings in all chapters were down almost 25% from 2020 levels, and November 2021 recorded the fewest cases with a $10 million liability threshold since 2015...
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Andrew J. Matott is an associate in Seward & Kissel LLP’s Corporate Restructuring & Bankruptcy Group. His practice focuses on providing bankruptcy advice to lenders, bondholders, creditor committees and members of creditor committees, corporate trustees and agents, borrowers, equity holders, investors, and other secured and unsecured creditors in Chapter 11 reorganizations and out-of-court restructurings.
Catherine LoTempio is an associate in Seward & Kissel LLP’s Corporate Restructuring & Bankruptcy Group. Her practice focuses on providing bankruptcy advice to lenders, bondholders, creditor committees and members of creditor committees, corporate trustees and agents, borrowers, equity holders, investors, and other secured and unsecured creditors in Chapter 11 reorganizations, out-of-court restructurings, and structured finance transactions.
Robert J. Gayda is a partner in Seward & Kissel LLP’s Corporate Restructuring & Bankruptcy Group. He represents creditors’ committees, lenders, directors, special committees, distressed investors, court-appointed examiners, and individual creditors in restructurings. Gayda currently leads the team representing the official committee of unsecured creditors in the A.B.C. Carpet & Home cases and the Furniture Factory cases, and he recently led the representation of the committee in the San Jose Fairmont cases.
