Warren Usatine, co-managing shareholder of Cole Schotz/courtesy photo
With bankruptcy and bankruptcy-related activity elevated, practitioners are bracing for another busy year. New Jersey-based Cole Schotz, for example, has worked on bankruptcy proceedings involving Pier 1, True Religion, Sur La Table, Advantage Rent-a-car, Neiman Marcus, J.C. Penney and Modell’s Sporting Goods, among others, according to the firm. Here’s a bit of what the firm expects for 2021.
The below responses were given by Warren Usatine—firm co-managing partner, co-chair of the litigation department, and member of the bankruptcy and corporate restructuring department—and were edited lightly for style.
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