As the cost of bankruptcy continues to increase, in particular due to fees and expenses associated with administering bankruptcy cases, secured lenders are increasingly turning to foreclosures under Article 9 of the Uniform Commercial Code (UCC) as a preferred vehicle for disposing of their collateral.

Hobbled by a global pandemic, the U.S. light vehicle market only managed to sell 14.6 million vehicles in 2020. Sales tumbled quickly with the onset of stay at home orders, slumping to a 50-year low before staging a steady recovery.

In this article we take a look at how off-price retailers are working within their own organizations to overcome supply chain constraints as well as the important role that innovative, strategic partner solutions are playing in assisting those businesses to stay the course in the current environment.

A shifting dynamic has developed between tenants and landlords in the negotiation of shopping center leases.

For the six companies that comprise the Hilco Parts Index (the Index), net sales were $71.2 billion for the 12 months ending with the third quarter of 2021. Compared with the same period in the prior year, sales increased 11.4% on a nominal basis.

In a rising cost environment, it is critical for businesses to have real-time visibility as to precisely how higher consumer prices and cost containment practices are impacting EBITDA.