Partner Erika Morabito was quoted in a Los Angeles Times article, “Retail thought it was facing the apocalypse. Then came the coronavirus,” about the effect that the coronavirus pandemic is having on the already troubled retail industry.
Morabito said she is expecting a wave of bankruptcies across multiple industries. “COVID-19 is going to change the world and many different companies and industries in terms of how they do business,” she said. “It’s just inevitable.”