Kirkland Bags Another Retail Insolvency Mandate
The US firm has picked up a role for a fashion retailer on its CVA applications in the UK and North America.
June 18, 2020 at 11:09 AM
2 minute read
Kirkland & Ellis has picked up another mandate for a struggling U.K. high street brand, as retailers struggle to cope in a more pressurised environment due to COVID-19.
Its London restructuring team is advising clothes and accessories retailer AllSaints on company voluntary arrangement (CVA) applications in the U.K. and North America, according to a statement by the company.
U.K.-headquartered fashion label All Saints said in a statement on Thursday that the coronavirus pandemic had "inevitably had a substantial and sudden impact on its short-term sales", as a result of which the company is asking its landlords for a rent cut.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250