Cahill Represents Agents and Lenders in Oreck Chapter 11 Cases

August 1, 2013

Cahill represented the second lien agent and second lien lender group in the Oreck vacuum bankruptcy cases in Nashville, Tennessee. Cahill advised the second lien lenders in DIP and sale processes, which included a successful auction and ultimate sale of the debtors’ assets to the owners of Hoover vacuums and related brands, for an amount sufficient to pay the second lien lenders in full.