Partner Robert L. LeHane was quoted in Debtwire in the article “C&K Markets receives interim approval to tap DIP.” Mr. LeHane, a seasoned retail bankruptcy attorney, commented on the motion to begin liquidating 16 store locations. The article reports that “[t]he motion to begin liquidating the 16 locations was hit with numerous objections from landlords due to the motion being ‘too fast and too broad,’ which was echoed by three attorneys representing landlords and the US Trustee. Another major issue was the lack of guidelines of the sale, such as terms of the sale and how long they will go on for, said Robert LeHane, of Kelley Drye & Warren, counsel for landlord Rouse Properties.” The article further reports that the bankruptcy judge has not yet approved the motion, but will consider entering a modified order with provisions that address the concerns raised by Mr. LeHane and counsel for other landlords.

Debtwire Quotes Partner Robert L. LeHane On C&K Markets Bankruptcy Proceedings