{"id":11108,"date":"2025-09-30T17:31:55","date_gmt":"2025-09-30T15:31:55","guid":{"rendered":"https:\/\/oxfordwisefinance.com\/blog\/?p=11108"},"modified":"2025-09-30T17:32:06","modified_gmt":"2025-09-30T15:32:06","slug":"lawyer-celebrates-saving-claires-from-bankruptcy-with-ear-piercing","status":"publish","type":"post","link":"https:\/\/oxfordwisefinance.com\/blog\/lawyer-celebrates-saving-claires-from-bankruptcy-with-ear-piercing\/","title":{"rendered":"Lawyer Celebrates Saving Claire\u2019s From Bankruptcy with Ear Piercing"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/dealbreaker.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjE1ODY5MjAyODE5NDU4NDE1\/claires.jpg?w=1140&#038;ssl=1\" \/><\/p>\n<p>Receiving your first <b>ear piercing<\/b> at <b><a href=\"https:\/\/oxfordwisefinance.com\/blog\/for-sale-claires-unique-items-and-accessories\/\">Claire\u2019s<\/a><\/b> has become a cherished tradition for many adults, often viewed as a significant milestone. Whether you accompanied your mother to <b>Claire\u2019s<\/b> for your piercing or faced her disapproval after venturing there with friends, the experience is likely a shared memory among your peers. This iconic brand continues to attract young customers today; however, with recent sales declines and a second bankruptcy filing in seven years, the opportunity for new generations to experience ear piercings at <b>Claire\u2019s<\/b> may be at risk. Fortunately, a dedicated <b>Biglaw<\/b> partner has taken it upon himself to ensure that this rite of passage continues by literally putting his own skin on the line.<\/p>\n<p>Kirkland &amp; Ellis bankruptcy partner <b>Joshua Sussberg<\/b> recognized the importance of preserving <b>Claire\u2019s<\/b> legacy and was willing to take bold steps to prevent its closure. The American Lawyer reported on the unexpected developments during the bankruptcy proceedings:<\/p>\n<blockquote>\n<p>[L]The liquidation of the 64-year-old retailer was not the desired outcome for anyone at the hearing on August first. Kirkland partner <b>Alexandra Schwarzman<\/b> mentioned her own experience of getting her ears pierced at <b>Claire\u2019s<\/b>, followed by the judge sharing that <b><a href=\"https:\/\/oxfordwisefinance.com\/blog\/rule-breaker-investing-exclusive-audiobook-preview\/\">Shannon<\/a><\/b>\u2019s daughter also had the same experience. To add to the nostalgia, the Kirkland team presented a picture of Sussberg from 1995, showcasing his own ear piercing at <b>Claire\u2019s<\/b> during his high school years.<\/p>\n<p>\u201cAt the conclusion of the hearing, I declared, \u2018Your honor, our priority is preserving jobs and keeping stores operational for everyone who wishes to get their ears pierced. If we can finalize a deal, I am open to getting my ears pierced,\u2019\u201d Sussberg shared. \u201cThe judge responded, \u2018I\u2019m holding you to that promise.\u2019 He challenged me to follow through.\u201d<\/p>\n<\/blockquote>\n<p>Not only did Sussberg successfully locate a buyer for <b>Claire\u2019s<\/b>, but he also humorously fulfilled his commitment by getting his ear pierced. During a recent court session, Sussberg had his left ear pierced by a seasoned <b>Claire\u2019s<\/b> employee, all while sporting a festive <b>Claire\u2019s<\/b> crown to celebrate the occasion. Click here to witness the piercing event firsthand.<\/p>\n<p>Kudos to <b>Joshua Sussberg<\/b> for playing a crucial role in preserving the beloved tradition of youth ear piercings at <b>Claire\u2019s<\/b>.<\/p>\n<p><b>Kirkland Partner\u2019s Ear Piercing Represents a Significant Moment for the Bankrupt Retailer<\/b> [American Lawyer]<\/p>\n<p><strong><em><b>Staci Zaretsky<\/b> serves as the managing editor of Above the Law, a position she has held since 2011. She welcomes your input, so don\u2019t hesitate to reach out via email with tips, questions, comments, or feedback. You can also follow her on <b>Bluesky<\/b>, <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/stacizaretsky\"><b>X\/Twitter<\/b><\/a>, and <b>Threads<\/b>, or connect with her on <b>LinkedIn<\/b>.<\/em><\/strong><\/p>\n<p> <em>For the latest insights on litigation, regulation, deals, and trends in financial services, subscribe to <b>Finance Docket<\/b>, a collaboration between Breaking Media publications <b>Above the Law<\/b> and <b><a href=\"https:\/\/oxfordwisefinance.com\/blog\/trump-sues-new-york-times-over-tortious-journalism-again\/\">Dealbreaker<\/a><\/b>.<\/em><\/p>\n<p><a href=\"https:\/\/dealbreaker.com\/2025\/09\/lawyer-gets-his-ear-pierced-during-court-hearing-to-celebrate-saving-claires-from-bankruptcy\" rel=\"nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Receiving your first ear piercing at Claire\u2019s has become a cherished tradition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10376,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","pagelayer_contact_templates":[],"_pagelayer_content":"","iawp_total_views":1,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[142,193],"tags":[],"class_list":["post-11108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-business","category-loan-services","col-md-12"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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