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Bakers Footwear Group

The firm represented the creditors’ committee in Bakers Footwear Group’s chapter 11 cases, a national mall-based retailer of shoes for young women that operated approximately 216 stores. The company was underperforming and its secured debt was substantially greater than the value of the company’s assets. Through various creative business solutions, the firm led the committee in developing strategies to ensure that the Bakers name would survive as a going concern, providing an opportunity for vendors to have a customer and landlords to have a tenant.