Joining the slew of unfortunate bankruptcy filings, US retailer, Lord and Taylor, has been named the next victim according to the US Bankruptcy Court for the Eastern District of Virginia. With assets and liabilities ranging from $100 million to $500 million. Being founded in 1826, the company had considered other options to try and keep their business afloat, but unfortunately was forced into bankruptcy.
Contemplating bankruptcy? Contact our office at 816-524-4949 or you can visit our website at hoorfarlaw.com to schedule an appointment.