Joseph C. Barsalona II Quoted in Law360, “Apparel Brand Jambys Files Ch. 11 as PJs Lose Popularity”
Joseph C. Barsalona II, partner in the Bankruptcy, Restructuring & Creditors’ Rights practice at Pashman Stein Walder Hayden P.C., was recently quoted in Law360 article titled, “Apparel Brand Jambys Files Ch. 11 as PJs Lose Popularity.” The article discusses Jambys Inc.’s recent filing for Chapter 11 Bankruptcy, citing $7 million in debt, and struggles with sales even after the end of the COVID-19 pandemic. Jambys is represented by Pashman Stein attorneys Joseph C. Barsalona II, Katherine R. Beilin and Amy M. Oden.
"The debtors look forward to working with their creditors throughout this Chapter 11 process and are hopeful the tools available to small businesses under Subchapter V will facilitate a successful restructuring,” said Barsalona.
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