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Practices

USA Discounters Holding Company

The firm is co-counsel to the debtors in the chapter 11 cases of USA Discounters Ltd. and certain of its affiliates. USA Discounters is a retailer of furniture, appliances, electronics, bedding, jewelry, and other products through two separate brands: USA Living and Fletcher’s Jewelers. In early 2015, USA Discounters commenced an internally administered wind down of its receivables, inventory, and other assets. As of its August 24, 2015 bankruptcy filing, USA Discounters had completed the sales process and closed its USA Living stores but had not completed the sales process in its five remaining Fletcher’s Jewelers stores. USA Discounters intends to utilize the bankruptcy process to facilitate an orderly disposition of its remaining assets followed by a structured and judicially supervised distribution of the resulting proceeds among its respective stakeholders.