Kramer Levin Naftalis & Frankel and Debtwire co-sponsored a retail restructuring event on July 12, 2017 that brought together a formidable roster of retail restructuring experts to discuss opportunities and strategies for preserving and unlocking value of distressed retail assets.…
By Harold Bordwin, Principal & Doug Greenspan, Manager, Keen-Summit Capital Partners LLC In 1Q 2017 and into 2Q 2017, news of retail store closures and bankruptcy filings had become commonplace, with no sign of abating. Shifting consumer shopping habits and…
"How to Close a Store: Where the clothing, mannequins, and hangers go when the lights shut off." Racked Eliza Brooke May 18, 2017 https://www.racked.com/2017/5/18/15641812/store-closings-2017 "Free hangers," said the sign in the window of American Apparel on Brooklyn's Smith Street. The…
Harold Bordwin with be an Industry Expert Panelist at TMA's upcoming panel "Distressed Investing Real Estate Paradigm Shifts & Trends" to discuss changes in shopping patterns, an increasing preference for virtual office/telecommuting flexibility and trends in living arrangements and shared spaces, which…
Harold Bordwin will present a Case Study behind Keen's award winning 2016 Transaction of the Year for a Mid-Size Company, Aziz Convenience Stores, with fellow award recipient Michael Gardner, Managing Director of The Claro Group. https://turnaround.org/chicagomidwest
By Harold Bordwin, Principal & Heather Milazzo, Vice President, Keen-Summit Capital Partners LLC Just as a debtor selling real estate in a bankruptcy proceeding engages a bankruptcy attorney to handle legal work and a financial advisor for management consulting and financial reporting services, the debtor should also…
Oct 11, 2016, 7:18am CDT The 145-room Wyndham Garden hotel in Rochester, MInn., owned by a Wayzata-based hotel group, is set to be sold next month in a bankruptcy auction. The Post-Bulletin reports on the planned sale, which is being…
Updated Oct 8, 2016 A south Rochester hotel is slated to be sold at a bankruptcy auction in November. The 145-room Wyndham Garden hotel, 1625 S. Broadway, is scheduled to be sold at auction on Nov. 15. Keen-Summit Capital Partners,…
October 3, 2016 Print view // Keen-Summit Capital Partners Wins Turnaround Management Association’s 2016 Transaction of the Year Award By the Editors of Commercial Bankruptcy Litigation Selling the Aziz Convenience Store Chain at Bankruptcy Auction for $41.6 Million Harold…
Keen-Summit Capital Partners Wins Turnaround Management Association’s 2016 Transaction of the Year Award for the Sale of the Aziz Convenience Store Chain Aziz Convenience Store Chain Sold at Bankruptcy Auction for $41.6M September 13, 2016 NEW YORK – The Turnaround Management Association (TMA)…