Bradley Partner Bill Norton Quoted in Law360 on Toys R Us Bankruptcy
Bradley attorney Bill Norton was quoted in Law360 on the recent Toys R Us bankruptcy and the upcoming holiday season. By taking the leap into bankruptcy when it did, Toys R Us seems to be setting itself up to use this holiday shopping season as a litmus test for the company’s long-term presence.
Norton said that this holiday period may also be used to judge what Toys R Us can do operationally to separate itself from others to give it a competitive edge, like ramping up its in-store experience.
“They need to hit this holiday season in a strong way,” Norton said. “That will show to the court and the creditors, and give confidence to their lenders, that they’re on the right path to reorganize, which will be invaluable going down the road.”
The complete article, “Toys R Us Bankruptcy Prospects Depend On Big Holiday Sales,” appeared in Law360 on September 20, 2017. (login required)