From high-end clothing to home goods to cheap toys, Big Law restructuring departments continue to find a front-row seat—and a key revenue source—amid the decay of America’s brick-and-mortar retail economy.
Barneys New York, the luxury retailer that in recent years has fallen into financial peril, is among the latest retailers to turn to Kirkland & Ellis, tapping the firm as debtor’s counsel in a Chapter 11 filing Tuesday morning in the Southern District of New York.
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