In The News

Frank Merola quoted in "Bebe Completes Out-of-Court Restructuring"

Frank Merola, a partner in Stroock's Financial Restructuring Group, was quoted in a Turnarounds & Workouts article that discusses Bebe Stores, Inc. bypassing bankruptcy and completing an out-of-court restructuring that closed all 150 of its stores but kept its brand alive.  In the article, Mr. Merola commented that “While Bebe is a long established brand with a clear design vision, only time will tell if the brand can survive as an online-only business.”  He also noted that “At least initially, I could see them augmenting the online presence with a ‘store within a store’ at a department store or even doing pop up stores when new designs are released in an effort to generate publicity and push customers to the website.”  To read the article, please click here (subscription required).