Fresh & Easy Neighborhood Market

Representation of the creditors’ committee in the chapter 11 case of Fresh & Easy Neighborhood Market in the District of Delaware. The west-coast based grocery chain operated 167 Fresh & Easy store locations. The debtors offered basic grocery items and prepared “to go” food items, including many private-label Fresh & Easy branded products. On behalf of the committee, the firm was actively involved in the sale of substantially all of the company’s assets to Yucaipa in a transaction valued at more than $130 million and the disposition of other key assets to third-party purchasers. The firm successfully negotiated a plan that paid general unsecured creditors in full.