Souper Salad/Grandy's: SSI Group
The firm was counsel to the creditors' committee in the 2011 filing of SSI Holding Corp., which owned and operated Souper Salad and Grandy's. At the time of the bankruptcy filing, the debtors owned and operated 118 restaurants throughout the United States. The firm, on behalf of the committee, negotiated for a set amount of proceeds to be distributed to general unsecured creditors under a trust controlled by a trustee appointed by the committee in a case where the secured lenders were undersecured. The firm was also counsel to the postconfirmation liquidating trustee.