How a Bankrupt Wine Distributor Preserved 6,000 Jobs
Josh Sussberg was quoted in Bloomberg’s "The Brink" regarding Kirkland’s representation of Republic National Distributing Company. He discussed the company’s Chapter 11 restructuring, which brought to a close the distributor’s more than 125-year legacy while preserving approximately 6,000 jobs and generating favorable outcomes for creditors and employees alike.
“We convinced the lenders to focus on the right and value maximizing path — not once but twice,” said Josh Sussberg. “This resulted in significantly enhanced recoveries for all stakeholders.”
