Represented the 10th largest full service distributor of general merchandise products and specialty items in the United States (BMK). After suffering several financial reversals, the company defaulted on approximately $96 million in debt. In cooperation with the secured lender, the company filed a Chapter 11 in order to consummate a sale of substantially all of the company’s assets. We managed the sale process, which resulted in the consummation of the sale of the company’s assets for approximately $72 million.
*Past results are reported to provide the reader with an indication of the type of litigation we practice. They do not and should not be construed to create an expectation of result in any other case, as all cases are dependent upon their own unique fact situation and applicable law.