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Glazed Investments

The firm represented the creditors' committee in Glazed Investments, a large Krispy Kreme franchisee that operated more than fifteen stores in the midwestern United States. Through the efforts of the firm, the committee negotiated a plan of reorganization with Krispy Kreme and Glazed that provided for an approximately 15% distribution to general unsecured creditors even though the assets were fully encumbered by senior liens.

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