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Sports Authority

The firm is counsel to the creditor's committee of Sports Authority Holdings, Inc. and its affiliates, which cases are currently pending in the District of Delaware. As of January 30, 2016, Sports Authority operated 464 stores in 40 states and Puerto Rico, and five distribution centers located in New Jersey, California, Colorado, Georgia, and Illinois. The debtors posted net sales of approximately $2.6 billion and net losses, before taxes, of approximately $156.6 million for fiscal year 2015. The debtors have over $1.1 billion of institutional debt.