Forbes featured comments from attorney Sidney Scheinberg, who chairs the Bankruptcy and Creditors Rights section of Godwin Bowman PC and is advising luxury vendors on recovering millions in unpaid debt following the Saks Global bankruptcy.  

The firm helps smaller brands and jewelry companies protect their interests through strategic legal filings for consigned merchandise, serving as a critical ally against the fallout.  

Godwin Bowman plays a key role in safeguarding vendors from limited court-approved funds, helping them navigate restructuring to recover debts, including through a 12-month installment plan. The firm’s expertise is a crucial blueprint for navigating the risks associated with the $700 million at stake in the restructuring.  

“I think it makes more sense for the vast majority of creditors, the employees, and everything else not to convert this to a liquidation,” he said.   

Read more here