July 2010
BAPCPA: Another Nail in the Coffin of Retail ReorganizationsBy Yitzhak Greenberg
BAPCPA has had a profound effect on retail reorganizations, particularly, the restriction on bankruptcy courts’ broad discretion to extend debtors’ time to assume or reject leases. This shortened time period, a maximum of 210 days, has been alleged to be responsible for the death of retail reorganizations.
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