Kozyak Tropin & Throckmorton is a complex commercial litigation firm founded in 1982 that focuses its practice on bet-the-company commercial cases, class actions, healthcare and bankruptcy matters.
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Toys R Us gift cards will expire in 30 days
/in In the News /by Diane McDermottToys R Us said its gift cards will expire in 30 days as the company prepares to close or sell all its US stores.
Your Toys R Us Gift Cards Could End Up Being Worthless, Experts Say
/in In the News /by Diane McDermottIf you have a few bucks left over on a Toys R Us gift card, don’t wait until the next big birthday or holiday to redeem it. Depending on the results of a bankruptcy hearing this week, the iconic toy-store chain might be closing all of its stores in the United States — and eventually that gift card might be worthless, Business Insider reports.
Toys R Us calls it quits: Company plans to shutter or sell every store in the U.S.
/in In the News /by Diane McDermottThe extinction of Toys R Us has begun. The iconic and financially ailing retail giant announced it would begin to shutter or sell every store in the U.S. market. Toys R Us officials broke the news to their employees on Wednesday, a message that also threatens up to 33,000 American jobs in the coming months, the Wall Street Journal reported.
Toys R Us could close all 800 of its US stores – and blowout clearance sales could begin in a matter of weeks
/in In the News /by Diane McDermottToys R Us is preparing to potentially close all of its US stores after weak holiday sales thwarted its plans to restructure the business through bankruptcy proceedings, according to several media reports.
Toys “R” Us May Close All Of Its US Stores, & That Could Be Bad News For Parents
/in In the News /by Diane McDermottBad news, parents. There are some reports that Toys “R” Us may close all of its U.S. stores, after holiday sales failed to help the toy retailer bounce back from filing for bankruptcy in the fall. Right now, the only thing that’s certain is that Toys “R” Us Inc. is preparing to liquidate its bankrupt United States operations after failing to find a buyer or reach a debt restructuring deal with lenders, according to Bloomberg. But experts say the future of the popular toy store looks bleak.
Toys R Us could close all 800 of its US stores – and blowout clearance sales could begin in a matter of weeks
/in In the News /by Diane McDermottToys R Us is preparing to potentially close all of its US stores after weak holiday sales thwarted its plans to restructure the business through bankruptcy proceedings, according to several media reports.
Toys R Us could close all 800 of its US stores – and blowout clearance sales could begin in a matter of weeks
/in In the News /by Diane McDermottToys R Us is preparing to potentially close all of its US stores after weak holiday sales thwarted its plans to restructure the business through bankruptcy proceedings, according to several media reports.
Toys R Us could close all 800 of its US stores – and blowout clearance sales could begin in a matter of weeks
/in In the News /by Diane McDermottToys R Us is preparing to potentially close all of its US stores after weak holiday sales thwarted its plans to restructure the business through bankruptcy proceedings, according to several media reports.
Toys R Us could close all 800 of its US stores – and blowout clearance sales could begin in a matter of weeks
/in In the News /by Diane McDermottToys R Us could announce whether it will liquidate its stores as soon as Monday following a bankruptcy hearing, the Wall Street Journal reported. Toys R Us filed for bankruptcy in September and recently started clearance sales at about 170 stores that it plans to permanently close in April.
Today’s News People
/in In the News /by Diane McDermottToday’s News People
2018 Retail Bankruptcies: Who’s Next?
/in In the News /by Diane McDermottThe number of retail bankruptcy filings last year was the highest since the recession and analysts are predicting more retail bankruptcies to come.
Senior-level hires and promotions for the week of Feb. 12, 2018
/in In the News /by Diane McDermottCori Lopez-Castro has been named to a one-year term as managing partner at KozyakTropin Throckmorton as part of the firm’s rotation of managing partners. She is a partner in the firm.