“The battle royale between Saks and Amazon has only begun,” says David Wander, Tarter Krinsky & Drogin bankruptcy partner, in a recent New York Post article. 

As Amazon challenges Saks Global’s bankruptcy financing and seeks to recover nearly $475 million, the dispute raises critical questions for the company and its reorganization.

David explains that Amazon’s objection to the initial financing “raises real concerns” for the company and its reorganization. “Everyone wants Saks to succeed,” David added, “even people who have not been paid and were jerked around.”

Read David’s commentary and the full article here.

This article was also republished by PressReader and can be found here.