Retail Bankruptcies – Will the Shakeout Persist?

By: Michael McGrail

With 21 major retailers filing for bankruptcy protection, 2017 went down as the busiest year for filings since The Great Recession. Working alone or with partners, our firm ran liquidation sales for Gander Mountain, Gordmans, RadioShack, MC Sports, Vanity, Sears Canada and hhgregg, to name a few. We also entered into multiple private deals involving undisclosed retailers, virtually all of which were household […]

Continue Reading >Retail Bankruptcies – Will the Shakeout Persist?

Online Auction Set For Assets of Tribogenics

Online Auction Set For Assets of Tribogenics

Tiger Group selling laboratory and manufacturing equipment, machine shop, inventory, office furniture and equipment, and other assets of X-Ray materials analysis company via online auction on March 6
Feb 20, 2018, 8:35am EST
LOS ANGELES, Feb. 20, 2018 /PRNewswire/ — By order of the assignee for the benefit of creditors, Tiger Group is conducting an online auction for the well-maintained assets of […]

Continue Reading >Online Auction Set For Assets of Tribogenics

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division.

Based in Chicago, Passen will direct all account receivables (A/R) purchase activities for the asset valuation, advisory and disposition services firm. His role […]

Continue Reading >Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List
Toys “R” Us will soon be hosting going-out-of-business sales at over 150 of its stores across the country.

The chain’s CEO David Brandon announced on Tuesday that the toy retailer would be closing a number of its stores after filing for bankruptcy, planning to close a total of some 180 […]

Continue Reading >Over 150 Toys ‘R’ Us Stores Are About to Have Huge Going-Out-of-Business Sales. Here’s the Full List

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Bruce Passen, a 40-year veteran of the debt purchasing field and former principal of Bikaver Group and CEO of Hilco Receivables, has joined Tiger Group as Managing Director of the company’s newly-formed Tiger Receivables division.

Based in Chicago, Passen will direct all account receivables (A/R) purchase activities for the asset valuation, advisory and disposition services firm. His role […]

Continue Reading >Tiger Group Appoints Managing Director of Newly-Formed Receivables Division

Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division

Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division

Tiger Group, a provider of asset valuation, advisory and disposition services, announced that Chad Farrell has joined the firm’s Commercial & Industrial Division as Managing Director. Farrell brings to Tiger deep experience in the disposition, valuation, and auction of machinery, equipment, inventory, and real property. He also offers significant experience in the creation of […]

Continue Reading >Tiger Group Appoints Chad Farrell, Managing Director in Commercial & Industrial Division