The Wall Street Journal published an article titled, “Suppliers Get Burned in Expensive Bankruptcy Cases,” highlighting the growing challenges suppliers face in recovering payments during Chapter 11 proceedings.
In the piece, Seth Kleinman, Vice Chair of Benesch’s Bankruptcy & Restructuring Practice Group, noted how budgeting constraints and supplier reactions can complicate bankruptcy filings, particularly in industries such as retail.
Read the full article here: The Wall Street Journal.