Ashley Stewart Holdings

The firm represented the creditors’ committee in the chapter 11 cases of Ashley Stewart Holdings, a women’s plus-size clothing retailer. Ashley Stewart was originally headed to liquidation, but the committee preferred to see the company continue. By developing a creative strategy, the firm was able to broker a global transaction among the debtors, the debtors’ secured creditors, the committee, and others to maintain the company as a going concern.

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