Jason Binford Discusses State of the Retail Industry With Dallas Morning News
May 19, 2017
The Dallas Morning News featured comments from partner Jason B. Binford on the state of bankruptcies in the retail industry. The publication notes that many retailers will continue to close stores this year and may file for bankruptcy.
“I think it’s going to get worse than better,” said Binford. “Bankruptcy laws became tougher in 2005. Big chains with hundreds of leases have to hire an army of lawyers and must pay vendors in full for deliveries 20 days prior to filing.”
The full article can be accessed here.
Related News
May 28, 2025
In the News
Cliff Risman Featured on Hospitality Trends – Transactions at 'almost historic levels'
Foley & Lardner LLP partner Cliff Risman is featured in the Law360 Q&A, "Foley Hospitality Leader Talks Deals In Economic Uncertainty."
May 27, 2025
In the News
Kyle Faget Profiled on Health Care Evolution – 'Only just beginning to see what's possible'
Foley & Lardner LLP partner Kyle Faget is profiled by The Inspirational Leaders for her achievements and vision in health care law.
May 27, 2025
In the News
Foley's Silicon Valley Corporate Additions Featured in Legal Press
Foley & Lardner LLP partners Gurpreet Bal and Shaalu Mehra are highlighted in legal press for their recent arrival to the firm.