Robyn Sokol Quoted in Bloomberg Law about Modell’s Sporting Goods Bankruptcy
Robyn Sokol recently commented on Modell’s Sporting Goods Bankruptcy in Daniel Gill’s Bloomberg Law article “Modell’s Bankruptcy Suspended as Virus Keeps Shoppers Home.” Robyn spoke about the possibility of other retailers turning to bankruptcy code section 305(a) at this time.
“‘It makes complete sense; it’s the right thing to do,’ Sokol said Thursday. Debtors such as Modell’s get a ‘breathing spell’ and time to rethink their strategy or liquidation, Sokol said.”