Financial advisor to the debtor: 363 sale to lender and strategic partner Gunthy-Renker
Force 10 began this engagement approximately six months before the Chapter 11 filing, analyzing this sports retailer's long-term viability. Working with management and the sponsor, we determined the best course was to liquidate the company's entire store fleet for the benefit of its creditors. The successful liquidations were completed very early in the Chapter 11 process, and a plan was promptly negotiated with creditors and confirmed shortly thereafter.
