RTW Retailwinds (New York & Co.)

The firm was counsel to the creditors' committee in RTW Retailwinds and affiliated debtors in their chapter 11 proceedings in the United States Bankruptcy Court for the District of New Jersey. RTW, owner of New York & Co. and Lerner New York (among others), operates over 300 locations in various iterations include standalone and mall stores. The firm was instrumental in negotiating favorable terms with the debtors’ secured lenders and landlords. Recognizing the importance of an omni-channel platform in today’s retail environment, PSZJ was able to draw on its deep bench strength and relationships in the distressed retail sector, including real estate and business valuation experts, to ensure a robust sale process for the e-commerce platform and the opportunity for a significant go-forward brick and mortar footprint.

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