Based in New York, Norman Kinel serves as a partner in the Restructuring & Insolvency Practice Group of Squire Patton Boggs. In recognition of his achievements, he has been recognized again in 2019 by Super Lawyers as one of New York City’s top bankruptcy lawyers.
In May 2019, Norman Kinel will be among the professionals who will speak at the William J. O’Neill Regional Bankruptcy Institute, sponsored by the Cleveland Metropolitan Bar Association (CMBA),which will address a variety of bankruptcy law issues. At the event, Mr. Kinel will serve as a member of a panel focusing on the topic “Retail Apocalypse Now?” He will speak alongside fellow professionals who possess a substantial knowledge of and experience with law, financial services, and accounting. The panelists on the roster represent firms with offices across the country.
A number of individuals with knowledge of financial trends have projected that the overall 2019 retail sector will continue its trajectory of disruption – and not only in terms of digital transformation – as consumer power and demand increase, and companies continue to fight for customers.
Mr. Kinel’s panel, entitled “Retail Apocalypse Now?”, will examine numerous issues relating to the surge in retail bankruptcy cases, including: extending trade credit, critical vendor issues, administratively insolvent cases, special concerns of commercial landlords and the composition and role of creditors’ committees in retail cases.
Amid rising global economic and political unrest, the relatively prosperous American economy demonstrated mixed results for retailers in 2018 that included some notable bankruptcies for a range of businesses. It may be that 2019 is shaping up to be a year in which survival for many retail businesses will involve thorough-going change in response to uncertainty.