Munchery Inc.

The firm served as counsel to the creditors' committee in the chapter 11 case of Munchery, the Northern District of California. The debtor, a prepared food-delivery start-up, filed for bankruptcy protection with $28,500,000 of secured debt and $6,000,000 of unsecured debt. Once valued at $300,000,000, the company listed its aggressive expansion, inability to attract new customers, and increased competition as reasons behind its filing. During its bankruptcy case, Munchery successfully sold substantially all of its assets to Gate Gourmet for approximately $5 million.

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