Paper Source Bankruptcy Offers Lessons for Vendors Playing Their Cards
By EsqSocial Corporation 08/06/21
On March 2, 2021, stationery and gift retailer Paper Source filed for chapter 11 bankruptcy, stating in court filings that effects of the COVID-19 pandemic damaged its finances and operations. Paper Source stated that in bankruptcy, it sought to sell its assets, reevaluate and renegotiate leases, and continue operations, while minimizing adverse impact on trade partners and other stakeholders....
By: Dorsey & Whitney LLP