A top-notch restructuring group, capable of handling the biggest and the most difficult restructuring from either company side or creditors’ side. 
- Chambers USA, Band 1 Bankruptcy/Restructuring (Nationwide and NY)
Supermarket, Restaurant & Other Food Services
Our restructuring department fields large, multidisciplinary teams that leverage the resources of our firm as a whole. We act on all sides of cutting-edge restructuring transactions across a range of industries.
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Recapitalization of Checkers
Checkers Drive-In Restaurants, a chain of double drive-thru restaurants, in a recapitalization with its lenders which reduced its long-term funded debt from approximately $300 million to $75 million. Checkers also received an additional $25 million in new debt financing commitments to fund the company's store remodeling program and other growth initiatives.
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Bumble Bee's Chapter 11 Case
Bumble Bee Foods, one of the world's largest branded shelf-stable seafood providers, and its affiliates, as lead U.S. counsel in the successful going-concern sale of its businesses for $928 million through coordinated chapter 11 cases and Canadian restructuring proceedings.
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Cici's Chapter Cases
Continental Grain Company and Arlon Food and Agriculture Partners in the prepackaged chapter 11 cases of Cici’s Holdings and certain of its affiliates.
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KKR as Agent and Lender in NPC International's Chapter 11 Cases
KKR, as agent and lender, in NPC International’s bankruptcy cases, which included the court-approved sales of the debtors’ Wendy’s and Pizza Hut businesses to Flynn Restaurant Group and a consortium of Wendy’s franchisees for a combined purchase price of approximately $801 million
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Country Fresh's Chapter 11 Cases
An ad hoc group of prepetition and postpetition lenders in the chapter 11 cases of Country Fresh and its affiliates, a provider of fresh-cut fruit, vegetable and snack foods, involving approximately $132 million in secured debt.
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Apollo Global Management in CEC Entertainment's Chapter 11 Cases
Apollo Global Management in a restructuring of its equity investment in CEC Entertainment, a leading provider of family dining and entertainment venues including Chuck E. Cheese, in its chapter 11 cases in the Southern District of Texas.
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Dean Foods Company Chapter 11 Case
An ad hoc group of unsecured noteholders in connection with the chapter 11 cases of Dean Foods Company, the largest processor and direct-to-store distributor of fresh fluid milk and other dairy products in the U.S., involving approximately $1.1 billion in secured and unsecured debt.
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Tops Holdings’ Chapter 11 Cases
An ad hoc committee of senior secured noteholders of Tops Holding LLC and Tops Markets II Corporation, a leading upstate New York-based supermarket chain with approximately 170 locations, in Tops’ chapter 11 cases.
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Country Fresh Holdings’ Out-Of-Court Restructuring
An ad hoc group of first lien lenders in connection with the out-of-court restructuring of Country Fresh Holdings Company, a provider of fresh-cut fruits and vegetables and snacking solutions. The company’s restructuring provided for, among other things, (a) the exchange of approximately $400 million of existing secured indebtedness into $60 million of second lien debt and 100% of the company’s reorganized equity, and (b) a new-money cash infusion of approximately $35 million to afford significant financial flexibility to support the company's long-term growth prospects.
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Buffets Restaurant Holdings' Prearranged Chapter 11 Cases
Buffets Restaurant Holdings and its subsidiaries and affiliates, one of the largest national chains in the restaurant industry family dining segment, in negotiating and consummating their prearranged chapter 11 cases that resulted in the restructuring of $250 million of secured and unsecured debt.
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Hostess Brands' Chapter 11 Case
Silver Point Capital, as prepetition and postpetition agent for lenders to Hostess Brands, a leading manufacturer of bread and snack cakes, in connection with all aspects of its chapter 11 case.
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Quiznos's Out-of-Court Restructuring
Quiznos, a quick serve restaurant franchisor, in its out-of-court debt restructuring of over $1 billion of secured debt and new capital raise which required one hundred percent first and second lien lender consent.
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Sprouts Farmers Market's Refinancing
Sprouts Farmers Market, a leading specialty grocery chain focusing on fresh and healthy foods, in its $450 million senior secured revolving credit facility in connection with the refinancing of existing indebtedness.
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Penn Traffic Company's Chapter 11 Case
The Penn Traffic Company, one of the leading U.S. food retailers and wholesalers, in connection with its chapter 11 case. Through asset sales and the restructuring of its balance sheet, Penn Traffic successfully reorganized, saving approximately 8,800 jobs. The company funded its future operations with exit financing from GE Capital Corp. and Kimco Realty Corp., as well as the proceeds of a sale-leaseback transaction involving Penn Traffic's five owned distribution centers.
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Winn Dixie’s Chapter 11 Case
An ad hoc bondholder committee in connection with the chapter 11 reorganization of Winn Dixie, a regional grocery and supermarket chain.
