Jonathan Pasternak | Source | Partner at Davidoff Hutcher & Citron
Jonathan Pasternak
Jonathan Pasternak is a bankruptcy attorney and Partner in the Davidoff Hutcher & Citron's New York City Bankruptcy Law, Restructuring and Creditor Rights group. His practice focuses on bankruptcy, workout, and business and real estate law matters throughout the New York metropolitan area.
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In the Sale of Forever 21, No One Wins
Simon, Brookfield and ABG face the immense task of restoring Forever 21 to its former glory days.
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I think it’s just the best of a bad situation. There’s a lot at stake here: the shopping mall industry, which really has the most to lose at this point; the manufacturers and overseas shippers to see if they’re still going to have this line of their business; and the landlords, which has rippling effects for the economy in terms of the value of commercial real estate.
