Menu

Practices

American Apparel 2016

The firm was debtor’s co-counsel to retailer American Apparel and its affiliates in their chapter 11 bankruptcy case filed in November 2016. American Apparel is a nationally known clothing manufacturer and retailer specializing in trendy apparel designed for young consumers. The case included a successful sale process that led to the purchase of the company’s intellectual property rights and certain assets by Canadian apparel maker Gildan Activewear for $88 million after a competitive auction was held, resulting in a net increase of approximately $22 million to the estate. The firm later obtained confirmation of the company’s liquidating plan in November 2018.