Jonathan Pasternak comments on Neiman Marcus Bankruptcy

Jonathan Pasternak comments on Neiman Marcus Bankruptcy

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Jonathan Pasternak, Attorney, Bankruptcy Law, Real Estate Law, DHC, Davidoff Hutcher & Citron, NYC, New York City

May 11, 2020 – Jonathan Pasternak, a partner in DHC’s Bankruptcy, Restructuring and Creditor’s Rights practice group, spoke with Women’s Wear Daily about Neiman Marcus entering Chapter 11 bankruptcy. Pasternak noted that the bankruptcy court has fast-tracked the process, and Neiman Marcus should emerge in about four or five months. With new owners looking to obtain the best return on their investment, he does not expect the fashion retailer to liquidate.

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