Bloomberg Law
Aug. 6, 2019, 11:39 AM UTC

Wake Up Call: Kirkland Client Barneys Files for Bankruptcy Protection

  • Barneys New York Inc. filed for bankruptcy protection from its creditors, after getting into a jam because of rising rents and shrinking numbers of customers to its luxury fashion stores. The company has been working with Kirkland & Ellis to stitch together a restructuring plan that would allow it to keep some stores open while it looks for a buyer. (BN)

  • Kirkland & Ellis also advised Fox Corporation in its agreement to buy San Francisco-based online personal finance marketplace Credible Labs, as part of Fox’s plan to find new digital investments after selling its entertainment assets to Disney ...

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