Kelley Drye Represents Committee of Unsecured Creditors in Macaroni Grill Ch. 11 Plan Disclosure
December 13, 2017
Firm partner and chair of the firm’s Bankruptcy and Restructuring practice, Eric Wilson, partner Jason Adams, and senior associate Lauren Schlussel were mentioned in the Law360 article “Macaroni Grill Ch. 11 Plan Disclosure OK'd Without Valuation,” as representing the official committee of unsecured creditors.  The article discusses Macaroni Grills’ Chapter 11 plan disclosure and a Delaware judge’s determination that it contained enough information for creditors and didn’t need to include a valuation of the debtor.  

“The debtors believe there is no value that is required to be provided to general unsecured creditors,” Adams argued. “The only way for the general unsecured creditors to know if that’s true or not is through a valuation of the company.”

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