In the Media

Kenneth A. Rosen's prominent presence in the media reflects his expertise and influence in the legal and bankruptcy landscape. His insights and commentary have been featured in various reputable publications, showcasing his involvement in critical discussions on topics such as retail sector deals, leveraged buyout transactions, and high-profile bankruptcy cases. Rosen's analysis of market trends, strategic considerations, and legal nuances demonstrates his deep understanding of complex financial and legal matters. Notably, his contributions extend beyond traditional legal realms, encompassing economic forecasts, executive compensation issues, and the dynamics of high-stakes corporate transactions. Through his media engagements, Rosen continues to share his wealth of knowledge, contributing to informed discussions and shaping perspectives within the legal and business communities.

in The News

BLOOMBERG LAW

7/29/20

The rising need for additional bankruptcy attorneys

Kenneth A. Rosen, Chair of the Bankruptcy Department, is quoted in Bloomberg Law, addressing the increased demand for bankruptcy attorneys and support services amid the COVID-19 pandemic. Rosen discusses Lowenstein's proactive approach in strengthening its team over the past year, anticipating the economic challenges and the rising need for expertise in bankruptcy matters.

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BLOOMBERG LAW

in The News

NEW YORK POST

7/14/20

Neiman Marcus CEO Geoffroy van Raemdonck bags big checks after waiving salary

The New York Post article authored by Lisa Fickenscher delves into the situation involving Neiman Marcus CEO Geoffroy van Raemdonck. Initially, Van Raemdonck claimed to forgo his salary amid COVID-19 pandemic-related furloughs, but reports indicate that he continued to receive substantial paychecks, causing discontent among employees. The article provides details on Van Raemdonck's compensation, including bonuses and stock options, raising questions about the company's financial decisions that ultimately led to its Chapter 11 filing. Kenneth Rosen, a bankruptcy attorney at Lowenstein Sandler, expressed concerns regarding the influence of executive pay incentives on decision-making, suggesting potential conflicts of interest that could impact the overall success of the company.

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NEW YORK POST

in The News

NEW YORK POST

6/4/20

Simon Property sues Gap for not paying rent during coronavirus crisis

In the New York Post article, Kenneth A Rosen, a bankruptcy attorney, commented, "Simon is trying to send a message to the world that no one is too big to not pay the rent. Everyone will be watching for the first major court decision on whether the pandemic excuses the payment of rent."

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NEW YORK POST

in The News

ADWEEK

5/8/20

Retailers Filing for Bankruptcy Are Seeing a Long, Unstable Road Ahead

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ADWEEK

in The News

WSJ PRO BANKRUPTCY

5/5/20

J.Crew Moves to Protect Asian Supply Chain

Kenneth A. Rosen, partner and Chair of the Bankruptcy & Restructuring Department group, is quoted in WSJ Pro Bankruptcy regarding the bankruptcy proceedings of retailer J. Crew Group Inc. and the company’s move to protect its Asian supply chain in preparation for reopening stores. Rosen compares the action to recent similar retail filings and comments on the resulting protection to vendors.

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WSJ PRO BANKRUPTCY

in The News

NBC NEWS

5/4/20

What does it mean when a store files for bankruptcy protection?

In NBCNews.com, Kenneth A. Rosen, partner and Chair of the Bankruptcy & Restructuring Department group, discusses possible outcomes of Chapter 11 bankruptcies, including their impact on consumers and retail leases. Chapter 11 filings offer struggling companies a way to reshape the business and reorganize debt. Following the COVID-19 pandemic, however, the future of reorganizations is unclear.

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NBC NEWS

in The News

WWD

5/1/20

COVID-19-Hit Retailers Face Tough Odds of Restructuring

Kenneth A. Rosen, partner and Chair of the Bankruptcy & Restructuring Department group, is quoted in WWD regarding the current uncertainty in retail bankruptcies as a result of the COVID-19 pandemic. Rosen states that “bankruptcy judges are trying to accommodate the concept of maximizing value.” However, external factors are affecting the industry’s ability to formulate projections and create plans of reorganization.

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WWD

in The News

BLOOMBERG LAW

2/5/20

Wake Up Call: Questions Remain After U.K. Fine for Sexual Misconduct

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BLOOMBERG LAW

in The News

BLOOMBERG LAW

2/4/20

Wake Up Call: Questions Remain After U.K. Fine for Sexual Misconduct

Law360 and Bloomberg Law – Big Law Business report on Robert M. Hirsh joining Lowenstein Sandler’s Bankruptcy & Restructuring Department as partner. Hirsh chose Lowenstein because it is an “exceptional platform” that fits well with his focus on health care institutions. Kenneth A. Rosen, Chair of the firm's bankrupty practice, says that Hirsh’s “deep knowledge of specialty lending and his national reputation for creditor committee representations … will bring further innovation and extraordinary results to our clients." (subscription required to access certain content)

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BLOOMBERG LAW

in The News

THE WALL STREET JOURNAL

1/16/20

Sears Advisers Have Racked Up $200 Million in Fees as Vendors Await Payment

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THE WALL STREET JOURNAL

12/12/19

Sears Vendors to Take Haircut While Lawyers Get Paid

Kenneth A. Rosen is quoted in the The Wall Street Journal (December 12, 2019; January 16, 2020) regarding Sears Holdings’ payments to vendors and administrative creditors in the company’s bankruptcy proceedings. As counsel to several Sears vendors in the Chapter 11 case, Rosen offers insight on the expected payouts.

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THE WALL STREET JOURNAL

in The News

THE WALL STREET JOURNAL

12/12/19

Sears Vendors to Take Haircut While Lawyers Get Paid

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THE WALL STREET JOURNAL