In a closely watched bankruptcy case involving a retailer caught in the crunch of COVID-19 restrictions, a federal bankruptcy judge granted Modell’s a second suspension, to May 31, of its Chapter 11 proceedings as state COVID-19 lockdowns have kept shoppers away.
The sporting goods retailer was granted its first suspension March 27, allowing it to defer April 1 rent due to landlords owning the spaces Modell’s stores occupy.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
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]