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Americas Core Credit: Navigating Chapter 11 When Short on Financing Options (May 10, 2020)
Reorg Radio
Navigating Chapter 11: Neiman Marcus's Restructuring Challenges
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This chapter covers Neiman Marcus's Chapter 11 filing aimed at reducing approximately $4 billion in debt through a restructuring support agreement. It examines the challenges posed by the COVID-19 pandemic and the transition to online shopping, as well as the effects on the retailer's operational status and cash flow.
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