Tag Archives: Latham & Watkins

GNC Pursues Dual-Path Restructuring Process

GNC Holding and certain of its secured lenders and key stakeholders reached an agreement to pursue a dual-path process that will allow the company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code.

FTI Consulting, Alix Partners Advise on Save A Lot Recapitalization

FTI Consulting served as restructuring advisor for Save A Lot, a U.S. discount grocer, which successfully completed the recapitalization of its business and delverged its balance sheet. In addition, Alix Partners served as restructuring advisor to Save A Lot’s term loan lenders.