Tag | subchapter v

Plan of Reorganization Filed for Menswear Retailer

02.19.21

Like most upscale retailers, Fresno-based Patrick James’ performance declined suddenly with COVID-19 stay-at-home orders. The 58-year-old menswear company with 11 stores in California, Nevada and Arizona filed for Chapter 11 bankruptcy in October 2020 and hired Stapleton Group as its financial advisor. Our team, led by Managing Director Michael Bergthold, quickly negotiated Debtor-in-Possession (DIP) financing to […]

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