Jan 22, 2019
CKR Law LLP is proud to report that its Bankruptcy and Financial Restructuring Group was selected this week as counsel to the Official Committee of Unsecured Creditors in the Centerstone Linen Services, LLC, d/b/a Clarus Linen Systems bankruptcy cases. The selection is pending approval of the United States Bankruptcy Court for the Northern District of New York. Clarus and its affiliates are Buffalo, NY-based linen rental and commercial laundry services companies serving the healthcare industry. They operate facilities in New York, South Carolina and Georgia. In their bankruptcy filings, the Debtors reported $1 million to $10 million in assets and $10 million to $50 million in liabilities. The South Carolina and Georgia facilities are the subject of a Section 363 bankruptcy sale, for which qualified bids must be submitted by February 4, 2019, at noon.
CKR is a global firm of experienced lawyers with diverse international practices. We have locations throughout the world, including North America, South America, Asia Pacific, Europe, Latin America, the Caribbean and the Middle East.
Our bankruptcy and restructuring attorneys handle all aspects of restructuring, including reorganizations, liquidations, out-of-court restructurings, workouts, debt refinancings, adversary proceedings, and contested matters. Because many of the complex issues surrounding a corporate restructuring require industry-specific knowledge, we augment our core practice with attorneys in the litigation, corporate, public finance, intellectual property, energy and utilities, securities, investment management, real estate, government, and taxation areas.