Borders Group and the High Cost of Bankruptcy

This article originally appeared in the TMA Midwest Blog June 23, 2011 Fees can pile up in a bankruptcy, and even bankruptcy professionals will sometimes lose patience with that facet of our industry.  Judge Martin Glenn, referring to a $1 million fee paid to Borders...

The Peril Facing JC Penney Vendors

JC Penney is a large company.  Despite a flood of bad news lately, the storied retailer ended 2012 with nearly $13 billion in sales.  But many of the company’s suppliers are much smaller.  This disconnect, and the dynamics it gives rise to, could very well be...