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September 20, 2022 | New York Law Journal

Realty Law Digest

Scott Mollen discusses the land use case "South St. Seaport Coalition v. City of New York," where the court denied a petition challenging development in a historic district.
18 minute read
September 18, 2020 | New York Law Journal

Rent Deferments Challenge Landlords' Statutory Protections in Chapter 11

Beginning with Pier 1 and Modell's, some bankruptcy courts in retail Chapter 11 cases have been allowing debtors to suspend post-petition rent payments to their landlords, in contravention of the generally-accepted practice that such payments must continue to be made. Given the $3 trillion commercial mortgage market, this issue is of critical importance to landlords and banks.
8 minute read
July 22, 2020 | New York Law Journal

Bankruptcy and Commercial Lease Issues in a COVID-19 Disrupted World

For those companies that filed for bankruptcy on the eve of the COVID-19 shutdowns, the strategies—and available cash flows to pay landlords—did not go as planned.
9 minute read
May 07, 2020 | The American Lawyer

Kirkland, Wachtell, Paul Weiss Land Roles in Neiman Marcus Bankruptcy

The department store is the second large retailer to file for Chapter 11 protection this week, as the coronavirus pandemic deals a fatal blow to already struggling companies.
3 minute read
April 13, 2020 | Daily Business Review

'Make Tough Decisions': Coronavirus Plows Into Already Distressed Traditional Retailers

Some retailers that sought bankruptcy protection before coronavirus didn't pay April rent for locations that weren't originally scheduled to close.
7 minute read
Law Journal Press | Digital Book Land Use Law: Zoning in the 21st Century Authors: Brent Denzin, Julie A. Tappendorf, Adam Simon, David S. Silverman, Gregory W. Jones, Daniel J. Bolin View this Book

View more book results for the query "Pier 1 Imports, Inc."

March 04, 2020 | Law.com

Inside Track: Being In-House Amid the Coronavirus Outbreak. Plus, More CLOs Saying Goodbye to Their CEOs.

The COVID-19 coronavirus outbreak has hit in-house legal departments as they help guide their companies through the rapidly developing public health crisis. Also, several companies saw their CEOs step down in recent weeks, so we explore how chief legal officers can step up during the transition.
7 minute read
February 28, 2020 | Corporate Counsel

New Year Hiring Spike Remains High: February 2020 In-House Moves

Major general counsel moves this month include Centene Corp., Pier 1 Imports Inc., Six Flags Entertainment Corp. and United Talent Agency.
21 minute read
February 28, 2020 | Daily Business Review

Don't Expect a Retail Rent Break — Unless You're a Struggling Chain

It may seem unfair, but big names like Macy's have more bargaining power than chains with smaller footprints.
4 minute read
February 28, 2020 | Pro Mid Market

Who Got the Work: A Growing Taco Chain and a Shrinking Furniture Business

Calfee Halter provides legal counsel to Condado Tacos in a private equity transaction, Whiteford Taylor represents Pier 1 creditors in the store's bankruptcy proceedings, and other work from midsize firms.
3 minute read
February 26, 2020 | Texas Lawyer

Fort Worth-Based Pier 1 Finds New General Counsel After Sudden Death of Former Top Lawyer

Pier 1 appointed longtime in-house lawyer Ray McKown as GC, senior vice president and corporate secretary days before the company filed for Chapter 11 bankruptcy in the Eastern District of Virginia.
3 minute read

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