Imperial Toy LLC

The firm represented the official committee of unsecured creditors in this fast-moving chapter 11 case in which issues involving the post-closing involvement of insiders subject to substantial clawback claims needed to be addressed and reserved. The case has since converted to chapter 7, where the claims against insiders are being pursued as a result of the committee’s focus on this valuable asset not subject to any lender’s liens. Sheppard Mullin represented the debtor.

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