by Brian Berglund | Jun 21, 2024
The Company was a producer of non-apparel merchandise under license agreements with most professional sports leagues and a large number of colleges, theme parks, restaurant chains and cruise lines. They tripped financial covenants at the end of 2018, and as a result,...
by Brian Berglund | Sep 28, 2023
Celis Brewery experienced rapid growth and an unsustainable debt burden that resulted in financial default in 2018. This was followed by a Chapter 11 filing in 2019 to prevent foreclosure by the secured lender. The company’s Chapter 11 Plan of Reorganization was...
by Brian Berglund | Dec 13, 2021
A minority-owned CPG business that provides premium hair and skin care products to the multi-cultural consumer was facing multiple challenges. Launched in the founders’ garage in 2014, the company grew net sales to $20 million in 2019. Unfavorable sole supplier...
by Brian Berglund | Sep 13, 2021
Gabriel Holdings is the largest packaged store in the San Antonio area. The Company filed for Chapter 11 Bankruptcy in the Western District of Texas. Our team facilitated the restructuring and successful reorganization and ultimate sale process
