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Media & Entertainment Law

: Sports Biz

Steve and Barry's Update - Bankruptcy Filed

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Updating my post of last week about Steve and Barry's dire financial straights, the retailer filed for bankruptcy protection today in New York. The company listed $693.5 million in assets and debt of $638 million as of May 31. As often happens when a company gets into financial difficulties, media coverage becomes part of the problem. That's not a knock on the media, just a statement of fact. "Recent rumors and speculation surrounding Steve & Barry's financial situation have become self read more

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Full post as published by Sports Biz on July 09, 2008 (boomark / email).

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