Case Study

Aéropostale Inc. et al.

Aéropostale Inc. et al.

The court denied Aéropostale’s motion for equitable subordination, and Sycamore and its affiliate were the prevailing parties in the litigation. Retained by Kirkland & Ellis In litigation arising from the bankruptcy of the apparel retailer Aéropostale, Cornerstone Research was retained by counsel for Sycamore Partners, pre-petition term lender and former equity investor in Aéropostale. Cornerstone Research worked with two testifying experts who addressed certain aspects of claims by Aéropostale against Sycamore and its affiliate, MGF Sourcing, a global sourcing company. The debtor, Aéropostale, filed a motion for equitable subordination of the claims of Sycamore Partners and MGF Sourcing. Aéropostale also moved to disqualify Sycamore Partners from submitting a bid in a sale of Aéropostale’

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