Kirkland & Ellis and Simpson Thacher & Bartlett are advising as fashion accessories retailer Claire’s filed for bankruptcy in the US for the second time in seven years.
According to the Chapter 11 petition filed in Delaware, Claire’s has estimated liabilities of between $1bn and $10bn. The retailer previously filed for bankruptcy protection in early 2018, emerging later that year following a restructuring advised on by Weil Gotshal & Manges.
Your limit of 1 article in 30 days is up. Please login for full access or subscribe.
Corporate users - click here for simple access (no password needed).
For more information, please contact [email protected]
