Jeff Schwartz Discusses Toys R Us and the Complexities of Retail Bankruptcy

Jeff Schwartz, chair of the firm's Restructuring & Creditors' Rights group, was featured in a Retail Dive article that examined the Toys R Us bankruptcy and the millions of dollars that suppliers lost when the retailer filed for bankruptcy protection under Chapter 11 and eventually closed its doors. He noted that vendors will likely be more active and aggressive in monitoring their credit arrangements with retailers as a result of the case.