Albergotti, Robert D.
, Peck, Ian T.
, Penn, John D.
Services: Bankruptcy and Business Restructuring
, Distressed Mergers and Acquisitions
, Cross-Border and International Insolvencies
, Restructuring, Workouts, and Recapitalizations
, Retail and Restaurant Companies
Represented Bombay Company, a major national and international home furnishings retailer in efforts to raise capital to continue as a going concern and then in its efforts in Chapter 11 to implement an orderly liquidation of the company’s assets. The Canadian assets were sold as a going concern. U.S. and other international assets were liquidated yielding a full recovery to Bombay’s secured and an approximately 25%-30% recovery to Bombay’s unsecured creditors.