How Businesses Use Corporate Debt Restructuring for Liquidity
Debt RR
DECEMBER 13, 2019
Missing payments on secured debt causes the creditor to repossess the property as recourse. Some major retailers filed for Chapter 11 bankruptcy in 2019, including Beauty Brands, Innovative Mattress Solutions, Things Remembered, Z Gallerie, Kona Grill, Perkins & Marie Callender’s, Sugarfina, Forever 21, and Barneys New York.
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