The restructuring department at Kirkland & Ellis just got busier with the Chapter 11 filings Aug. 2 of two more retailers, Lord & Taylor and Tailored Brands.

Lord & Taylor, the country’s oldest department store, filed for Chapter 11 protection in the Eastern District of Virginia. In court paperwork, it said it owed between $100 million and $500 million to between 200 and 299 creditors. Tailored Brands, which owns clothiers Men’s Wearhouse and Jos. A. Bank, filed Chapter 11 paperwork hours later in the Southern District of Texas. The company said it owed between $1 billion and $10 billion to between 25,000 and 50,000 creditors.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]