{"id":4726,"date":"2019-10-18T09:00:51","date_gmt":"2019-10-18T14:00:51","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4726"},"modified":"2019-09-30T10:53:25","modified_gmt":"2019-09-30T15:53:25","slug":"forever-21-prepares-for-potential-bankruptcy-filing","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4726","title":{"rendered":"Forever 21 Prepares for Potential Bankruptcy Filing"},"content":{"rendered":"\n<p>Forever 21 is preparing for a potential bankruptcy filing as the\nretailer&#8217;s cash dwindles and turn-around options diminish. The company was\ndiscussing additional financing and was working with a team of advisers to aid\nin restructuring debt, but negotiations with lenders have stalled. Focus has\nshifted to securing a potential debtor-in-possession loan to take the company\nout of chapter 11.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/weberstown.com\/images\/default-source\/store-logos\/store-logos\/forever-21.png?Status=Master&amp;sfvrsn=751d2078_2\" alt=\"\" width=\"174\" height=\"174\"\/><\/figure><\/div>\n\n\n\n<p>If you are thinking about filing for bankruptcy and would like\nto speak to an attorney, call our law office at 816-524-4949 or visit our\nwebsite at Hoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forever 21 is preparing for a potential bankruptcy filing as the retailer&#8217;s cash dwindles and turn-around options diminish. The company was discussing additional financing and was working with a team of advisers to aid in restructuring debt, but negotiations with &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4726\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4726","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4726"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4726\/revisions"}],"predecessor-version":[{"id":4727,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4726\/revisions\/4727"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}