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• The US retail industry is in an era of unprecedented disruption and transformation. Following a large number of bankruptcy filings by traditional retailers in 2018 and 2019, retail failures have continued apace in 2020 and year-to-date 2021.
• It is therefore increasingly important for retailers to understand updates to the US Bankruptcy Code—including the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) and the Small Business Reorganization Act (SBRA).
• Click the image below to read our report on updated US bankruptcy laws and their impact on retail bankruptcy outcomes. We also provide a review of 2020 and year-to-date 2021 retail bankruptcies.