Farrell Fritz Attorney Patrick Collins was quoted in this Long Island Business News Article.

The parade of retailers filing for bankruptcy marches on as consumer shopping habits continue to evolve and e-commerce keeps gaining market share.

Sears and Mattress Firm are the latest national retailers to file Chapter 11, following recent bankruptcy filings by Toys R Us and other well-known retailers, including Nine West, Bon-Ton and Claire’s.

When national retailers enter bankruptcy, it impacts those Long Island landlords and vendors who do business with the retailer. And even though retailers often emerge from bankruptcy, the process typically involves the closure of stores inan attempt to right-size operations, which impacts jobs in the region as well...