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Namco

The unsecured creditors of this retailer pools, pool accessories and other recreational equipment sought the assistance of the firm to aggressively deal with the debtor's 1st lien lender, which was pushing for a chainwide liquidation. The firm worked to find an alternative strategy that led to a reorganization of the retailer, a distribution to general unsecured creditors who were substantially out of the money in a liquidation, and saved a customer and a tenant for the debtor’s vendors and landlords.

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