Barry's Jewelers

Representation of the official bondholders’ committee in the chapter 11 case of Barry’s Jewelers, a 130-store retail chain, in the Central District of California. The bondholders’ committee represented more than $53 million of secured debt. A plan was confirmed in just over a year; the bondholders acquired a 55% stake in the reorganized company. In addition, a member of the firm represented this debtor before joining the firm.