Crescent Jewelers

Representation of the creditors’ committee in the chapter 11 case of Crescent Jewelers in the Northern District of California. Crescent was a leading West Coast-based specialty jewelry chain with 123 stores located in 3 states with scheduled assets of $128 million and liabilities of $164 million. The case featured a sale process aimed at both strategic and financial buyers, together with efforts toward a negotiated plan of reorganization.