SulmeyerKupetz represented the Creditors’ Committee and the post-confirmation committee in this Chapter 11 case. As its gross margins shrank, and its secured creditor tightened its credit line availability, Avus filed Chapter 11 and sought to sell its assets to a company with which it had signed an asset purchase agreement prior to the commencement of the case. SulmeyerKupetz, in its capacity as counsel to the committee, reviewed the proposed transaction and determined the sale was in the best interests of creditors given the lack of other alternatives. Through our efforts, however, certain deal points were altered that provided general unsecured creditors with substantially more than was originally proposed by the debtor. As a result, creditors received a substantial return on their claims.