Our Clients

We represent small and large companies, focusing on commercial debtor and creditor issues, with an emphasis on Chapter 11 bankruptcy cases and out-of-court workouts and restructurings.

Associated Grocers

Associated Grocers is a cooperative that supplies groceries on a wholesale basis to numerous independent grocery stores in the Northwest. Associated Grocers experienced substantial financial difficulties resulting from loans to its members that it was unable to repay. BSK represented Associated Grocers and engaged in lengthy negotiations with approximately 20 lenders. Ultimately, Associated Grocers was able to obtain a new loan from one lender and use the loan proceeds to disburse funds to existing creditors. Nearly every creditor was willing to take an amount equal to 50% of the principal of its debt in full satisfaction of the obligations.