IF YOU ARE A FOREVER 21 VENDOR, YOU MAY NEED TO ENGAGE COUNSEL
Forever 21 filed for Chapter 11 bankruptcy protection in the Delaware Bankruptcy Court on September 29, 2019. The company has announced initial plans to close its international stores and 178 stores in the United States.
We are one of the pre-eminent law firms representing foreign vendors in the Sears Holding Corp. cases and many of the issues that adversely impacted vendors in Sears may arise in the Forever 21 case. The lessons from Sears, as well as Toys “R Us is that vendors need to be aggressive in protecting their interests. It is critical that you retain counsel to represent your interests in the Forever 21 bankruptcy case.
There are a significant number of issues in retail cases that are unique to foreign vendors and it is important that you have counsel experienced in these issues or you may be forever prejudiced. For over 30 years the Sarachek Law Firm has recovered lost money for thousands of creditors.
HOW CAN OUR FIRM HELP?
We are offering the following services on behalf of our clients:
Represent our clients in all aspects of pursuing recovery against Forever 21 (and affiliates).
Insure that you will be timely paid for goods shipped within the 20 day period prior to bankruptcy.
Properly file claims to insure that the Debtors don't object to your claim.
Arrange third party funding options for vendors to monetize their claims.
File Additional Lawsuits on behalf of our clients to maximize recovery (if applicable).
Our firm has been on the forefront of major cases, such as Sears, Toys R Us, and other retail cases and have recovered money for thousands of creditors.
Call us or complete our contact form to discuss developing the best course of action for you. Our team is committed to providing exceptional, personal attention to each client at reasonable rates.