Cahill Advises CB Holding Corp. in Chapter 11 Plan of Reorganization and Disclosure Statement
Date: 08/08/11Cahill is representing CB Holding Corp. and its subsidiaries ("CB Holding") in all aspects of their Chapter 11 bankruptcy cases pending in the U.S. Bankruptcy Court for the District of Delaware. Recently, Cahill advised CB Holding in connection with their proposed plan of reorganization and accompanying disclosure statement, which memorializes and would effectuate a global settlement reached among CB Holding, their secured lenders, and the official committee of unsecured creditors appointed in their bankruptcy cases. The plan and disclosure statement were filed on August 1, 2011, and a hearing to consider approval of the disclosure statement is scheduled for September 9, 2011.
Cahill recently advised CB Holding in connection with their post-petition DIP financing and the sales of the company's former operations of Charlie Brown's Steakhouse, Bugaboo Creek Steak House, and The Office Beer Bar & Grill restaurants as well other former owned restaurant locations and liquor licenses.