Kirkland & Ellis offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM With Express Bankruptcy Retention, Kirkland Begins 6th Retail Restructuring in a Year
No Big Law firm has dominated the cash-strapped sector of retail like Kirkland & Ellis.
April 22, 2024 at 03:42 PM
3 minute read
What You Need to Know
- Clothing store chain Express filed for Chapter 11 bankruptcy protection in Delaware on Monday.
- The company hired Kirkland & Ellis to restructure its $1.3 billion in debt.
- Representing three other retailers in the past year, Kirkland has dominated the retail restructuring landscape.
Global clothing retailer Express filed for Chapter 11 bankruptcy protection and hired Kirkland & Ellis as debtor's counsel, according to a petition filed Monday in the U.S. Bankruptcy Court for the District of Delaware.
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