Neiman Marcus Group Inc., Files for Bankruptcy

Neiman Marcus Group Inc., became America’s major extravagance retailers when they were granted access to Texas Oil 100 years ago. The popular retailer has stated they are now facing bankruptcy due to the coronavirus outbreak and the precautions they are required to take. It has also been said the company had plans to transform the debt they were in prior to the pandemic. They are looking to get at least $4 billion of the $5.1 billion disregarded. Currently, they are not planning to close any stores.

Facing bankruptcy? Contact our office at 816-524-4949 or you can visit our website at hoorfarlaw.com to schedule an appointment

This entry was posted in General and tagged , . Bookmark the permalink.

Leave a Reply