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Event Rentals Inc.

The firm served as counsel to the creditors' committee in this chapter 11 bankruptcy of the business known nationally as Classic Party Rentals. The company was saddled with more than $200 million in debt when the case was filed. Even though unsecured creditors were “out of the money,” the firm negotiated a settlement that made a distribution possible while ensuring creditors would be immune from any postconfirmation litigation.