Rimon attorneys asked to serve as counsel to the Committee in the Publishers Clearing House bankruptcy proceedings

We are pleased to announce that Rimon attorneys, Brian Powers, Ken Silverman, Ronald Friedman, Haley Trust, and Courtney Roman have been asked to serve as counsel to the Committee in the Publishers Clearing House bankruptcy proceedings.

Publishers Clearing House, a renowned sweepstakes company, filed for bankruptcy protection in New York last month. Publishers Clearing House entered bankruptcy with $490,000 in cash and about $40 million in debts after a decline in its legacy direct mail marketing business.

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Rimon’s Bankruptcy, Creditors’ Rights and Restructuring team has represented all major constituents in bankruptcy and state insolvency proceedings. We represent debtors, secured creditors, committees of unsecured creditors, bondholder committees, debtor-in-possession (DIP) lenders, landlords, special servicers, trustees, receivers, assignees for the benefit of creditors, and other parties in interest. Read more here