NE Opco (2013)

Representation of the creditors’ committee in the administratively insolvent case of NE Opco that appeared to be headed towards liquidation. The firm started to negotiate with the debtor, which produces custom envelopes, and its direct competitor on the terms of a potential sale that would ensure the unsecured creditors would not be sued for a preference, guarantee a recovery to unsecured creditors, and preserve hundreds of jobs.