Kona Grill Inc.

Representation of Kona Grill, a publicly owned seafood restaurant chain established in 1998 in Scottsdale, Arizona, in its chapter 11 case in the District of Delaware. Kona later expanded the chain to 18 states, Puerto Rico, Canada, and United Arab Emirates. In 2019, Kona commenced its chapter 11 cases to right-side its operations and deleverage its balance sheet. Over the course of five months, the firm implemented Kona’s operational restructuring by closing down unprofitable locations and negotiating a court-approved asset purchase agreement that provided for the sale of substantially all of Kona’s assets, which preserved Kona as a going concern and saved the jobs of over a thousand employees.