Josh Benn, Chief Operating Officer in the New York Corporate Finance practice, was recently quoted in Thomson Reuters Westlaw in the article named “Virginia, an early adopter of rent relief for retailers, is bankruptcy's latest hot spot.” Historically, Chapter 11 situations have been prevalent in New York, Delaware and Texas courts, because of factors like efficient handling of these complex cases. However, in recent times, Virginia has seen a range of large retailers approaching their courtrooms.
According to Josh, “A lot of times it's a specific judge you try and get. You can't always make sure that that happens, but there are certain judges within jurisdictions that are more accommodating, so there are tactics to get that judge.”
Read the full article here.
Reprinted from Westlaw Today with permission of Thomson Reuters.