Tag Archives: C Street Advisory Group

WeWork Enters into Restructuring Support Agreement, Files for Chapter 11 Bankruptcy

Flexible workspace provider WeWork commenced a comprehensive reorganization to strengthen its capital structure and financial performance. As part of the reorganization plan, WeWork and certain of its entities filed for protection under Chapter 11 of the U.S. Bankruptcy Code.

Lucky Bucks Completes Restructuring, Emerges from Chapter 11

Lucky Bucks, a Class B coin operated amusement machine route operator in Georgia, announced the completion of its restructuring process and successful emergence from Chapter 11 bankruptcy.

CION Investment Corporation Closes Sale for David’s Bridal Assets

David’s Bridal, a bridal and special occasion company, closed its transaction with CION Investment Corporation, a publicly listed business development company, for the sale of substantially all of the company’s assets.

QualTek Services Emerges from Chapter 11

QualTek Services, an infrastructure services provider, emerged from Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas following the confirmation of its plan of reorganization on June 30.

Lucky Bucks Enters RSA to Strengthen Balance Sheet and Enhance Liquidity

Lucky Bucks, a class B coin operated amusement machine (COAM) operator in Georgia, and its parent, Lucky Bucks HoldCo, completed a recapitalization transaction with the support of its secured lenders holding more than 86% of its secured debt.

QualTek Services Appoints Turner of Alvarez & Marsal as Chief Restructuring Officer

QualTek Services closed a money incremental term loan providing $55 million in immediately available funds under its existing term loan credit agreement. The company appointed Cari Turner of Alvarez & Marsal as chief restructuring officer to support QualTek’s management team and the board of directors.