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DHC's Pasternak on Knotel's Bankruptcy and Newmark Sale

DHC's Pasternak on Knotel's Bankruptcy and Newmark Sale

February 5, 2021 – Jonathan Pasternak, a Partner in Davidoff Hutcher & Citron’s Bankruptcy, Restructuring and Creditor’s Rights practice group, spoke to TechCrunch and The Commercial Observer about Knotel’s bankruptcy and subsequent sale to Newmark, noting that “the company was in an untenable position where they didn’t have the cash flow to sustain operations.”

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