In a move that was not unexpected, Neiman Marcus Group has filed for bankruptcy with an agreement that will eliminate about $4 billion of its debt and make its creditors the majority owners of its business.
The ASHRAE Epidemic Task Force is providing guidance on mitigating potential health risks during the reopening of buildings closed during the COVID-19 pandemic.
Asset disposition specialists A&G Real Estate partners has formed a new unit to help both healthy and distressed businesses with asset-specific dispositions, bankruptcies, and out-of-court restructurings.
