BAPCPA: Another Nail in the Coffin of Retail Reorganizations

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.

11 minute read June 18, 2010 at 09:46 AM
By
Yitzhak Greenberg
BAPCPA: Another Nail in the Coffin of Retail Reorganizations

The Bankruptcy Abuse Prevention and Consumer Protection Act (“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.

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