Fox & Hound and Champps (2013)

Representation of the creditors’ committee in the chapter 11 cases of F&H Acquisition Corp in the District of Delaware. F&H, known publicly as Fox & Hound and Champps, operates approximately 101 casual family-dining restaurants and sports bars located in 27 states. In connection with the sale of substantially all of the debtors’ assets, the firm, on behalf of the committee, negotiated for a set amount of proceeds to be distributed to general unsecured creditors under a trust controlled by a trustee appointed by the committee in a case where the secured lenders were undersecured.