“…sometimes you have these pre-packed plans … a sponsor essentially before you file the Chapter 11…”
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Said on Bloomberg Law
Bloomberg Law · NY AG James in Spotlight & Restaurant Chain Bankruptcies
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close 12 True Food Kitchen locations as part of the Chapter 11 restructuring to streamline operations
12 locations
“…sometimes you have these pre-packed plans … a sponsor essentially before you file the Chapter 11…”
“The 12 restructurings that have been done so far have reduced $63 billion of debt to $27 billion”
“I was in there. And I tell you what, I reorganized that mail room. I wrote the instruction manual. And within three months, they actually did a restructure and I managed to get a job in the restructure as a media advisor.”
“They streamlined people's care… they operated from a hub model and families could access all of those services in the one place”
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