Ashley Stewart Holdings

Representation of the creditors’ committee in the chapter 11 cases of Ashley Stewart Holdings, a women’s plus-size clothing retailer, in the District of New Jersey. Ashley Stewart was originally headed to liquidation, but the committee preferred to see the company continue. By developing a creative strategy, the firm was able to broker a global transaction among the debtors, the debtors’ secured creditors, the committee, and others to maintain the company as a going concern.