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Acquisition of Sporting Goods Retailer Out of Bankruptcy

News | December 2, 2014

Kutak Rock attorneys Peter Barrett, Edward Gonzales and Margot Wickman represented a California-based sporting goods retailer in the successful acquisition of a large regional competitor in a sale process in the U.S. Bankruptcy Court for the District of Delaware. Kutak Rock also represented the client in connection with the transaction’s financing and post-closing transition matters.

The firm assisted the client navigate through a competitive and expedited acquisition process under Section 363 of the Bankruptcy Code. Kutak Rock implemented a hybrid bidding strategy by teaming the client with a national liquidator to increase the client’s chances of presenting a prevailing bid while allowing the client flexibility to ultimately retain only the most viable retail locations.