We represented Amnon and Ruth Shreibman in one of the largest individual Chapter 11 cases in the country, involving approximately twenty different lenders holding debt totaling approximately $70.0 million. The Shreibmans were real estate developers involved in numerous residential and commercial projects. With our assistance, the clients confirmed a Chapter 11 plan of reorganization providing for multi-year payments, and the Shreibmans’ business has thrived after emerging from bankruptcy.
Representation of The Shreibmans in Chapter 11 Bankruptcy
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Represented Old Time Pottery and OTP Holdings in the restructuring of its debt and lease obligations when the companies filed voluntary Chapter 11 cases in the Middle District of Tennessee in late June 2020 and emerged from bankruptcy with a confirmed plan of reorganization providing for new permanent exit financing and payment in full of allowed claims in November 2020.