Oreck Files for Bankruptcy, Eyes Sale

The Nashville Post

Oreck Files for Bankruptcy, Eyes Sale

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, in a deal that was named the 2013 Retail Manufacturing/Distribution Deal of the Year by The M&A Advisor in its 8th Annual M&A Advisor Turnaround Awards.