BCBG Max Azria

The firm represented the creditors’ committee in the chapter 11 cases of national women’s clothing retailer BCBG/Max Azria. During the case, BCBG faced a weak retail and mall environment, poor wholesale and intellectual property licensing strategies, substantial debt, and decreased brand loyalty. The firm devised a fast-tracked, multi-tier plan to prevent the company from being forced to liquidate, while securing payment to the creditors. The firm aggressively and creatively structured a process that definitively enhanced the unsecured creditors committee’s recovery.