S.B. Restaurant Company (Elephant Bar)

The firm represented S.B. Restaurant Co., the owner and operator of a restaurant chain known as Elephant Bar and Restaurant. After filing the bankruptcy cases and stabilizing the debtors’ operations, the debtors’ assets were marketed on a national basis. At the conclusion of the marketing period, the firm negotiated an asset-purchase agreement with a large national restaurant and hospitality operator. The sale was approved and closed within a span of 75 days.