In Episode 91, Chris Cahill and Jeff Pomerantz, President of the American Bankruptcy Institute and member of Pachulski Stang Ziehl & Jones LLP, discuss why retail is under stress, how Chapter 11 bankruptcy theoretically promotes operational and financial reorganization, and how developments in financing, capital structures, and supplier strategies continue to shape retailers’ fortunes in bankruptcy.
Mr. Pomerantz is a member of Pachulski Stang Ziehl & Jones LLP’s management committee, a co-chair of the firm’s creditors’ committee practice, and is resident in the firm’s Los Angeles office. Mr. Pomerantz is also the president of the American Bankruptcy Institute, the largest restructuring organization in the United States. His practice includes representing companies, creditors’ committees, and private equity funds in complex financial restructurings and merger-and-acquisition transactions both in and out of court. Mr. Pomerantz has particular expertise in restructurings in the energy, manufacturing, restaurant and retail sectors. He also frequently represents private equity funds in asset- acquisition transactions.
Mr. Pomerantz is a graduate of New York University (1986 Phi Beta Kappa), where he also received his J.D. (1989, Order of the Coif). He holds an AV Preeminent Peer Rating, Martindale-Hubbell’s highest recognition for ethical standards and legal ability; has been named a “Super Lawyer” in the field of Bankruptcy & Creditor/Debtor Rights every year since 2009 in a peer survey conducted by Law & Politics and the publishers of Los Angeles magazine, an honor bestowed on only 5% of Southern California attorneys; and was selected by “Best Lawyers in America.” Mr. Pomerantz has also been recognized as an outstanding lawyer by the preeminent publication Chambers USA every year since 2007.
Mr. Cahill is counsel with Lowis & Gellen LLP, in Chicago, Illinois. He guides secured lenders, creditors, debtors, creditors’ committees, potential purchasers and others through bankruptcy cases, out-of-court workouts, assignments for the benefit of creditors, and receiverships. Mr. Cahill has substantial mega-case experience at national law firms representing very large debtors, and has counseled and…
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