Hilco's Cory Lipoff on the retail reorg challenge

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Fewer retailers are filing for bankruptcy than in the first half of 2009. That's what Cory Lipoff, a vice president with the strategic advisory and reorganization firm Hilco Merchant Resources told us in this interview. For those retailers already in bankruptcy, however, the ability to reorganize is more difficult today than it has been in the past. In this edition of Inside the Deal, Lipoff says the inventories of many retailers are so highly leveraged that there's little if any money available for a reorganization. - Suzanne Stevens

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