Liquidating distressed inventory wire and cable
Allied Wire and Cable is an ISO 9016 Certified stocking distributor and specialty manufacturer of electrical wire, electronic cable, heat shrink tubing, and wire management products in the USA.
AWC offers custom cable design and manufacturing, and value-added services to meet your unique needs, including custom-lengths, cut and strip, custom labels, striping, printing, and more.
The firm has a hedge fund practice where we advise various hedge funds that have debt positions or are considering purchasing debt positions in distressed companies.
The firm has represented some of these funds in a number of distressed coal company cases, but the firm did not make an appearance in the case. We represent several public utilities with respect to their ownership of coal-fired power plants located in the western United States.
There is no doubt that selling on Amazon is becoming harder every day.
The noteholders have agreed to support one or more asset sales as part of the restructuring.
The firm obtained approval of a going-concern sale that resulted in significant proceeds for the estate, the continuation of the business and name under new ownership, and the preservation of the jobs of many of the company’s nearly 2000 employees.
The success of the sale, combined with settlements with key constituencies, allowed for a prompt proposal of the liquidating plan that creditors voted overwhelmingly to support.
To transform the liquidation business through unrivaled technology, analytics, and services that bring efficiency, transparency, and value for both sellers and buyers of returned, excess, and other liquidation inventory.
“As e-commerce continues to grow and return rates continue to rise, the cost associated with processing returns is becoming a major pain point.In addition to their restaurant operations, Friendly's also manufactures a complete line of premium ice cream products distributed to more than 7,000 supermarkets and other third-party retail locations in 48 states.