The Retailer Strauss is Again Insolvent - McDermott Will & Emery

The Retailer Strauss is Again Insolvent

Overview


McDermott represented the retail chain Strauss Innovation, with 1,100 employees and 77 branches, in its bankruptcy proceedings under the so-called shield in January 2014. The shield is a variation of insolvency law, in which the company can tackle its rehabilitation on its own, without a regular insolvency administrator. Read the full article