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Hipcricket Inc.

The firm was debtor’s counsel to Hipcricket, which provides mobile advertising and marketing solutions through its proprietary, mobile engagement platform. The approved chapter 11 plan implemented ESW's $7.7 million deal to acquire Hipcricket and distributed the proceeds to creditors. Unsecured creditors, who may have received nothing under the original $4.5 million stalking horse offer, saw a return of “at least 20 cents on the dollar” under the ESW-sponsored plan.