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Lessons from the Sears Bankruptcy
Until recently, Sears department stores have been a mainstay in home and personal retail shopping for many consumers, but recent financial woes have threatened its continued existence. Following a contested sale of the bankrupt retail chain to its chairman, Eddie Lampert, it appears that the company will continue for now. The battle to preserve the retail chain offers many lessons for bankruptcy observers.
CONTINUE READINGFreshly Removed from Bankruptcy, Mattress Firm Partially Settles Fraud Lawsuit
Since late 2017, Mattress Firm has been embroiled in litigation against a litany of real estate industry defendants over what it claims was “a massive, multi-year fraud, bribery, and kickback scheme.” Having recently emerged from chapter 11 bankruptcy, the major bedding retailer is now setting its sights on resolving at least a portion of its wide-ranging lawsuit.
CONTINUE READINGBest Lawyers in America© 2019 Recognizes Okin Adams Partners
Best Lawyers in America© has included two Okin Adams partners in its annual listing of top lawyers. Okin Adams partners Matt Okin and David Curry have been listed in the 2019 issue of this highly respected publication. Okin Adams congratulates Matt and David on this well-deserved recognition.
CONTINUE READINGJohn Thomas (“JT”) Oldham Receives Premier 100 Designation from National Academy of Jurisprudence
The National Academy of Jurisprudence (NAJ) has recently recognized JT Oldham as one of 100 premier trial attorneys in the state of Texas. This is a distinction reserved for attorneys who have established themselves through their professionalism and excellence in service. Membership into NAJ’s Premier 100 requires the satisfaction of stringent criteria and standards as…
CONTINUE READINGA Chat with Matthew Okin on Bankruptcy and Restructuring
What is the most important thing a company contemplating a chapter 11 filing and restructuring should know about the process? Find out the answers to this and learn more about corporate bankruptcy options from Partner Matt Okin.
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