H eather L. Morgan is a national strategic account manager with Ritchie Bros. in Denver. In that role, she travels throughout the United States meeting with clients and referral sources, attending her company’s auctions, and participating in various conferences. Before joining Ritchie Bros., Morgan...
In rocket science, guidance maneuvers that employ engine thrust to slow or steer a rocket are often said to have made use of a “controlled burn.” While retail liquidations are certainly not rocket science, many small retailers could benefit from the use of a “controlled burn” of their own to slow...
When turnaround professionals represent retail organizations that are in a state of transition and require new ownership, they are managing a multifaceted situation. The sale of goods and/or services to customers through multiple distribution channels can be challenging to begin with; adding...
Contributions can be made online in the amount of: $50, $100, $200, $500 or $1,000 If you would like to contribute an amount not listed, please contact the Chapter Office. The leadership of the TMA Chicago/Midwest Chapter is pleased to announce that this year's golf outing will once again benefit...
TMA Activist Investing Video Series made possible in part by Skadden, Arps, Slate, Meagher & Flom LLP produced by Victoria Creason, VLC Associates, LTD moderated by The Honorable Kevin J. Carey, U.S. Bankruptcy Judge for the District of Delaware Activism Impacts Everyone. Cutting Edge Topic...
The struggles of the U.S. retail sector have been well publicized—so much so that the term “retail apocalypse” is now firmly established in the lexicon. Last year alone, more than 20 national chains in the United States, including names like RadioShack, hhgregg, BCBG Max Azria, Gander Mountain, and...
When charting a course through bankruptcy, retailers must prioritize maintaining sufficient liquidity to fund operations and the expenses associated with the case. To accomplish this, retailers typically use a lender’s cash collateral and obtain debtor-in-possession (DIP) financing. Both are...
The 2005 amendments to the U.S. Bankruptcy Code foreclosed the ability of retailers to defer store lease assumption or rejection decisions until the end of a bankruptcy case. Following the 2005 amendments, retailers followed a predictable path leading up to bankruptcy, typified by waiting as long...
Last year more than 20 national retail chains filed for bankruptcy protection, continuing a trend that many observers attribute to the rise of e-commerce and the unprecedented growth of Amazon. While the impact of those forces certainly cannot be denied, the history of retail is also one marked by...
Come join us as we celebrate summer with a unique wine tasting event at Honor Society. Originally set as a restaurant that crafts clean, delicious fare with sustainable, nutritious ingredients. It has grown into a place where people can share life just as easily as they can share a meal. There will...
