Deb Stores
The firm was debtors’ counsel to Deb Stores Holding LLC and its affiliates in connection with their chapter 11 bankruptcy cases. Deb Stores was a mall-based retailer in the juniors "fast-fashion" specialty sector. At the time of filing, Deb Stores had 300 stores around the country, and over $120 million in liabilities. The firm assisted the company in obtaining court approval of a sale of substantially all of the assets to a liquidator buyer and successfully wound down the remaining business.