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Bowe Systec

The firm represented the official creditors’ committee of Bowe Systec and certain affiliates in their chapter 11 bankruptcy case in Delaware. Bowe Systec, also known as Bowe Bell & Howard, is a maker of high-speed mail-sorting equipment and software developer. The company filed its bankruptcy case seeking to sell itself to a secured creditor to pay off debt. The firm played a pivotal role in negotiating the terms of a complex sale and obtaining a settlement of potential claims that resulted in the company setting aside a cash pool available for distribution to unsecured creditors.