Entries tagged "Fortunoff"
There were four repeat filings -- so-called Chapter 22s -- in the past few days alone.
More and more retailers such as Fortunoff are filing for Chapter 11, but the lack of consumer spending is making it tough for retailers to get exit financing, according to experts.
It looks like Fortunoff Fine Jewelry and Silverware could be filing for bankruptcy again soon.
This just in: The much-discussed inevitable "uptick" in bankruptcy filings is just around the corner! Current Goldman, Sachs & Co. banker and once Kirkland & Ellis LLP partner, James Sprayregen, has broken the big news. Or at least his public relations people have. Thanks, Jamie....
We write about bankruptcies at The Deal for lawyers, Wall Streeters and others in the corporate crowd. But a trip to the Fortunoff store in White Plains this past weekend put in perfect perspective the "other side" of the bankruptcy buyouts I cover almost everyday. The uncertainty of Fortunoff employees I talked to regarding the future of the company stood in stark contrast to the rather certain and all-knowing perspective of the lawyers and bankers that I usually converse with....
