jack saadia saadia group
The historic centre of Odesa is part of a port city located on the Ukrainian shores of the Black Sea. Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: "We are delighted to have successfully closed on the purchase of this business. As an equal opportunity employer, the Saadia Group does not discriminate in hiring or terms and conditions of employment because of an individual's race, color, gender, sexual orientation, genetic disorder, age, religion, disability, national origin, marital status, or any other characteristic protected by law. It also picked up the e-commerce business of New York & Companyowners RTW Retailwinds last year, which it has kept operational even as the retail shops shuttered. "The addition of Aquatalia to our growing family of brands strengthens our reach and the ability to serve additional consumers," said Saadia Group principal and co-founder Jack Saadia. This office space will provide our teams with a collaborative and safe working environment that will ultimately lead to growth and expansion across our network of brands.. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The following year, a hugely successful Black Friday/Cyber Monday sale forced Saadia Group to make the decision of whether to ship late or cancel thousands of orders. Saadia Group Finance Manager, Principal, and Co-founder Mar 1996 Related Hubs Recent News and Activity There is no recent news or activity for this profile. Fort Monmouth redevelopment: New craft brewery from former Kane head brewer coming to fort commissary. When typing in this field, a list of search results will appear and be automatically updated as you type. When typing in this field, a list of search results will appear and be automatically updated as you type. in the wake of the coronavirus pandemic, which has started to drive down the prices on direct deals. The Company undertakes no obligation to revise the forward-looking statements included in this press release to reflect any future events or circumstances. Aquatalia offers the finest combination of fashion, quality and comfort in luxury footwear and is the first to mix distinctive Italian design with innovative weatherproof and stain-resistant technology. NetSuite will help premier holding group of online retail brands grow its business with improved speed, efficiency, and return on investment Austin, Texas - WEBWIRE - Wednesday, January 25, 2023 Saadia Group, a family-owned holding group with a diverse portfolio of leading consumer brands including Lord . Saadia Group said it is "the perfect label to begin their portfolio within the luxury fashion world". Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: "We are delighted to have successfully closed on the purchase of this business. In October, Saadia bought Lord & Taylor, one of the oldest department stores in the country, in a bankruptcy auction from Le Tote for $12 million, Bloomberg reported. Founded by Jack Saadia in 1996 and headquartered in New York, Saadia Group has become a leader in online sales since then, bringing each of its portfolio brands to the forefront of e-commerce by utilizing Sellerclouds Skustack and Skublox. We are a family operated organization, with a community-first mindset. Jack Saadia is the Finance Manager, Principal, and Co-founder at Saadia Group. Alongside classic favorites, the updated assortment will focus on up-and-coming and emerging brands. We are excited to offer our product development expertise to relaunch her line bigger than before, with product at New York & Company and a debut at Lord & Taylor," said Jack Saadia, principal and cofounder of The Saadia Group.. "Our customers have been asking for the . Saadia Group also implemented Skublox, Sellerclouds sort-to-light solution to help eliminate sorting and shipping errors, revolutionizing the way the company operated with events like Black Friday and Cyber Monday. We are pleased to achieve a going-concern transaction that will preserve a large number of jobs within our corporate organization and deliver a meaningful recovery to unsecured creditors, said Rob Shapiro of BRG and Chief Restructuring Officer to RTW. Today's unveil is just the beginning.". San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Finance Manager, Principal, and Co-founder. } We look forward to building this brand and are enthusiastic to continue to add to our portfolio within the luxury market.". plans to resurrect Lord & Taylor as an e-commerce brand. Jack Saadia, principal and cofounder of Saadia Group, said his business has "continued to shift and grow, especially through the pandemic . The platform is made to fit and evolve with the ever-changing customer. Saadia Group, Lord & Taylors new owner, is taking the once-sprawling retail empire, which had anchored a 660,000-square-foot building on Fifth Avenue, and packing it into three floors of a Midtown office. Saadia Group Acquires Visibility Across its Portfolio with NetSuite. The city was founded in 1794 by a strategic decision of the Empress Catherine II to build a warm-water port following the conclusion . The Saadia Group has redeveloped 10 million square feet of commercial space and 12 million . Through its Saadia Direct division, branded merchandise is sold exclusively at retail and outlet locations and online at www.nyandcompany.com, www.fashiontofigure.com, www.letote.com, www.nyandcompanycloset.com, www.fashiontofigurecloset.com, www.lordandtaylor.com, www.vintagefoundryco.com, www.thechichomestore.com, www.xrayjeans.com, and www.hybridgreenlabel.com. The Saadia Group are the leaders in multi-category product manufacturing, wholesaling and retailing. border-bottom: 1px solid #ddd; . Factors that could cause the Company's actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to, (i) the risks associated with the spread of COVID-19 and its impact on the Company's sales and supply chain; (ii) the Company's ability to anticipate and respond to fashion trends; (iii) the impact of general economic conditions and their effect on consumer confidence and spending patterns; (iv) changes in the cost of raw materials, distribution services or labor; (v) the potential for economic conditions to negatively impact the Company's merchandise vendors and their ability to deliver products; (vi) seasonal fluctuations in the Company's business; (vii) competition in the Company's market, including promotional and pricing competition; (viii) the Company's ability to retain, recruit and train key personnel; (ix) the Company's reliance on third parties to manage some aspects of its business; (x) the Company's reliance on foreign sources of production; (xi) the Company's ability to protect its trademarks and other intellectual property rights; (xii) the Company's ability to maintain, and its reliance on, its information technology infrastructure; (xiii) the effects of government regulation; (xiv) the control of the Company by its largest shareholder and any potential change of ownership of the Company including the shares held by its largest shareholder; (xv) the impact of tariff increases or new tariffs; (xvi) risks arising from the delisting of trading of the Companys common stock on the NYSE; (xvii) risks and uncertainties relating to the Chapter 11 cases, including but not limited to, the Companys ability to obtain Bankruptcy Court approval with respect to motions filed in the Chapter 11 cases; (xviii) the effects of the Chapter 11 cases on the Company and on the interests of various constituents; (xix) Bankruptcy Court rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general; (xx) the length of time the Company will operate under the Chapter 11 cases; (xxi) risks associated with third party motions in the Chapter 11 cases; (xxii) the potential adverse effects of the Chapter 11 cases on the Companys liquidity or results of operations and increased legal and other professional costs necessary in the Chapter 11 cases; (xxiii) uncertainty associated with evaluating and completing any strategic or financial alternative, as well as the Companys ability to implement and realize any anticipated benefits associated with any alternative that may be pursued; (xxiv) the Companys liquidity and ability to continue as a going concern; (xxv) risks associated with any default under the Companys debt agreement; (xxvi) risks associated with the Companys ability to make payments on and to repay or refinance the Companys debt or generate sufficient cash; (xxvii) the Companys equity securities will be cancelled on or before the conclusion of the Companys Chapter 11 cases with no payment or other distribution thereon; and (xxviii) those discussed under the heading "Item 1A. As part of the deal, Saadia inherited Cushmans furniture and equipment. The Company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey (the Court) on July 13, 2020. 52h, New York, NY 10001: 2022-05-23: Venture Plus Partners LLC: 42 broadway, 12-208, New York, NY 10001: 2022-05-27: Platinum Cloud LLC: View source version on businesswire.com: https://www.businesswire.com/news/home/20201002005463/en/, Fed's Barkin says he could see rates at 5.5%-5.75%, Silvergate suspends crypto payments network; shares fall after-hours, Argentina inflation seen speeding in 2023, central bank poll shows, GEMINI SAYS INVESTIGATING REPORTS OF POTENTIAL SERVICE DISRUPTIO, Ex-Goldman banker Ng deserves 15 years in prison, US prosecutors say, Storms in US South kill at least 7, head to Northeast, MUSK DELAYED PAYING TWITTER'S AMAZON CLOUD BILL, SPARKING AD THR, SILVERGATE SAYS SILVERGATE BANK HAS MADE A RISK-BASED DECISION, Indonesian officials call for audit after Pertamina fire kills 13, TWITTER'S REVENUE, ADJUSTED EARNINGS FELL ABOUT 40% IN MONTH OF. The space will be used as a showroom and for administrative staff. The Challenge The 41,000-square-foot space is a far cry from what Lord & Taylor was before it gave up its flagship. Will subleases flood the market? In a statement, co-founder and principal Jack Saadia said it marks "just the beginning" for the nearly 200-year-old department store. According to Jack Saadia, principal of investment firm Saadia Group, which bought Lord & Taylor for $12 million in October 2020, the 194-year-old department store has a "powerful legacy" with . Certain hearsay statements in the Saadia Declaration were not admitted as evidence based on the Debtors' objections but most of the Declaration was allowed. Solemates is a revolutionary foldable flats company catering to the aching feet of every hard working woman! Skustack eliminated questions like where is this? We know exactly where everything is at all times, Jack Saadia mentioned. In the past year, weve seen retailers like Century 21 and Lord & Taylor shut down only to announce plans to reopen months later. Copyright 2023 Surperformance. The investment firm, which acquired Lord & Taylor and New York & Company in a bankruptcy auction, will operate the. Saadia purchased New York & Co. and sister brand Fashion to Figure, a plus-size retailer, for $40 million. The firm signed a sublease with Cushman & Wakefield for the space at RPW Group's 43-story Midtown building between 39th and 40th streets, Crain's New York first reported. 542) was offered as evidence by Saadia. Savills announced that it represented the Saadia Group in a 40,738 s/f sublease at 275 Madison Avenue. Personal responsibilities included . Office will be used as an e-commerce showroom, Saadia Group, Lord & Taylor's new owner, will sublet its new headquarters from Cushman & Wakefield. s 43-story Midtown building between 39th and 40th streets. The space will look nothing like Lord & Taylors previous 660,000-square-foot flagship on Fifth Avenue. SAADIA LANCASTER - HOURLY. Alongside classic favorites, [] Under Saadia Direct, the iconic American brand will make its digital comeback and will be relaunched as America's first Collective Store. SAADIA SQUARE LLC v. ALL-WAYS PACIFIC, LLC. Sheldon Gross Realty said Wednesday that investment firm The Saadia Group recently closed on a 135,668-square-foot industrial facility, which sits on nearly 6 acres across Middlesex and Union. We are leaders in multi-category Product Manufacturing, Wholesaling and Retailing. Now Saadia Group is planning Lord & Taylor's revival with a revamped website that initially will focus on women's and men's apparel, homewares and beauty, according to Women's Wear Daily. We believe in the New York & Company. WeWork bought it from the company for $850 million in 2019 but decided to sell it amid problems with its initial public offering. The acquisition was approved by the U.S. Bankruptcy Court for the Southern District of New York last week and is expected to close in the next few weeks. Jack Saadia, principal and cofounder of Saadia Group, said his business has "continued to shift and grow, especially through the pandemic until now, and as we've pivoted largely from a. YourSolemates. Bridging the gap between style and function, Aquatalia sets a new standard in fine footwear and accessories. The picking is so easy; you can see it live who picked it, how many pieces were picked, and how much you have left. We are looking at a vastly updated assortment, limitless digital aisles and many more exciting experiences," says Jack Saadia, principal and co-founder of The Saadia Group. 1 W 34th St Fl 10. Sugeidy Paulino . All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals. A spokesperson for C&W declined to comment. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. line-height:1.5; In the fall of 2019, Saadia Group bought the e-commerce business of RTW Retailwinds Inc., the company that owned New York & Company and Fashion to Figure, a large-size women's chain, for $40 million. "We're deeply committed to continuing the rich legacy of the brand in a . - Marketing has picked up for the former Toys 'R Us warehouse in Flanders, which closed last year and was purchased for $90 million as part of Margarita Ricarte. .article-native-ad p { }. Sheamus Toal, Chief Executive Officer of RTW, commented: We are delighted to have successfully closed on the sale of our business, maintaining the legacy of our New York & Company brand and continuing Fashion to Figures tremendous growth. Childrenswear, fashion accessories and footwear will join the mix in the second half of 2021. , inked a deal to take 41,000 square feet at. Saadia Group, Lord & Taylor's new owner, has found a new office in Midtown. from 8 AM - 9 PM ET. .article-native-ad svg { New York City is an integral part of the brand DNA for both Lord & Taylor and New York & Company, said Jack Saadia, principal and co-founder of Saadia Group. The Court filings and other information related to the proceedings are available on a separate website administered by the Companys claims agent, Prime Clerk, at https://cases.primeclerk.com/RTWRetailwinds/. Jack Allen, LLC: 105 W. 29th St., Apt. The company will be joined there by several businesses in Saadias portfolio. The New York City based investment firm will leverage the contiguous space as the new . News business : Gabrielle Union is teaming up with the Saadia Group, a multi-category product manufacturing, wholesaling and retailing firm, to relaunch her namesake fashion line. In early 2019, Saadia Group was faced with the decision to continue outsourcing most of their warehousing or bring operations in-house. This office space will provide our teams with a collaborative and safe working environment that will ultimately lead to growth and expansion across our network of brands.. Jack Saadia, Principal and Co-Founder of Saadia Group said: "The addition of Aquatalia to our growing family of brands strengthens our reach and the ability to serve additional consumers. Choose the right Crunchbase solution for you Start Your Free Trial Cushman inherited the space from Massey Knakal after acquiring the company in 2015. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. The investment firm, which acquired Lord & Taylor and New York & Company in a bankruptcy auction, will operate the brands as an e-commerce business out of its new 275 Madison Avenue headquarters, according to Crains. Jan 25, 2023. Andrew Zang and Greg Albert of Savills also represented Saadia in the lease. MOUNT OLIVE TWP. This is an example of a sitewide notice - you can change or remove this text in the Customizer under "Store Notice" Dismiss. See all Saadia Group LLC current commercial real estate listings and brokers from the Saadia Group LLC office at 1 W 34 St, New York, NY 10001. Saadia Group Who we are Portfolio Careers Previous Next 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 We own and manage over 10 million square feet of commercial real estate space and 12 million square feet of industrial buildings across the country. "Lord & Taylor has a deep retail history that spans 195 years and a tradition of innovation and countless fashion firsts," said Jack Saadia, principal and cofounder of the Saadia Group. Saadia Group, which recently bought department store Lord & Taylor, inked a deal to take 41,000 square feet at 275 Madison Avenue, brokers on the deal confirmed. This press release contains certain forward-looking statements, including statements made within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. margin-bottom: 20px; We are extremely excited to continue this next chapter in the New York & Company brand story with more than 100 associates who will be employed by the new company. Looking to the future, we believe the new company is well-positioned for organic growth within the digital space with both the New York & Company and Fashion to Figure brands. The sale was previously approved by the Bankruptcy Court on September 4, 2020. It also received a 30 percent discount on the buildings direct pricing, according to Gabe Marans, a broker at Savills. Private Greater New York Area Companies (Top 10K), Greater New York Area Companies (Top 10K), East Coast Manufacturing Companies (Top 10K), Private City of New York Companies (Top 10K). Perry Mandarino, Senior Managing Director and Gideon Rosenbaum, Director of B. Riley Securities, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY), are serving as the investment banker to the Company; Ryan Jareck and Michael Sirota, Members of Cole Schotz P.C. Then we got introduced to Sellercloud." Yossi Kbabieh Founder Solution And tenants have been increasingly putting their offices up for sublet since June. . Mr. Jack Saadia, Principal and Co-Founder, Saadia Group Additional Contact Information Fax Numbers (212) 884-2396 Primary Fax Phone Numbers (212) 884-2000 Other Phone (276) 670-2139 Other. NEW YORK, April 16, 2021 /PRNewswire/ --Today, The Saadia Group officially launched the iconic American brand, Lord & Taylor as a digital Collective Store. https://cases.primeclerk.com/RTWRetailwinds/, https://www.businesswire.com/news/home/20201002005463/en/, International drug bust nets $677 million of cocaine bound for Australia, UK MILITARY INTELLIGENCE - UKRAINIAN-HELD RESUPPLY ROUTES OUT OF, UK MILITARY INTELLIGENCE - UKRAINE IS REINFORCING THE AREA WITH, BBC tax raids shine light on Indian media freedom under Modi, some journalists say, UK MILITARY INTELLIGENCE - REGULAR RUSSIAN ARMY AND WAGNER GROUP, UK MILITARY INTELLIGENCE - UKRAINIAN DEFENCE OF DONBAS TOWN OF B, Gazprom to ship 39.8 mcm of gas to Europe via Ukraine on Saturday, China parliament to review state entity reform plan, Legislative Law, Magnitude 6.6 earthquake strikes Kermadec Islands, New Zealand - EMSC, Rwanda says Congo soldier killed after crossing border and opening fire, Flooding in southern Malaysia forces 40,000 people to flee homes, China's defence spending increases have been 'reasonable' - parliament spokesman, Japan delays launch of H3 rocket by a day due to weather, JAPAN'S JAXA SAYS IT DELAYS LAUNCH OF H3 FLAGSHIP ROCKET BY 1 DA. To learn more about the brand, visit www.lordandtaylor.com, and look out for further updates on the official social channels. We believe in the New York & Company and Fashion to Figure brands and the opportunity to use these e-Commerce platforms to continue to grow the business as we move forward. "We are excited to have Gabrielle Union join the Saadia Group, her brand is the perfect fit for our family of brands. Some of these statements can be identified by terms and phrases such as expect, anticipate, believe, intend, estimate, continue, could, may, plan, project, predict, and similar expressions and references to assumptions that the Company believes are reasonable and relate to its future prospects, developments and business strategies. Because SM's interest is equity, Saadia's claim that it controls the vote under Section 18-402's default standard falls apart, as it is SM (not Saadia) that has the far greater interest in the Company. If we didnt have Sellercloud we wouldnt have been able to expand to the channels and marketplaces that we did. The investment firm, which acquired retailers Lord & Taylor and New York & Companyin a bankruptcy auction in October 2020, will operate the brands as e-commerce businesses with a new headquarters at RPW Group's275 Madison Ave. Jack Saadia, Chief Executive Officer of Saadia Group, LLC, commented: " We are delighted to have successfully closed on the purchase of this business. Retail brand leaders will gather at Commerceweek to discuss how to reimagine the customer journey. Saadia Group principal and co-founder Jack Saadia said: "The future of retail is fast and agile, mirrored by our team, which has managed to put together a fantastic assortment of merchandise and a website in less than 120 days. TENTATIVE ORDER. Current owner The Saadia Group has relaunched iconic American brand Lord & Taylor as a digital-only store. We are leaders in multi-category Product Manufacturing, Wholesaling and Retailing. . Risk Factors" in the Companys Annual Report on Form 10-K for fiscal year 2019. Contact. Its not a direct lease with the building owner, RPW Group: Cushman & Wakefield is subletting the 41,000-square-foot space to Saadia. Saadia Group is in multi-category product manufacturing and retailing. 646-795-4711. E-commerce has been hurting brick-and-mortar retail since long before the pandemic. In 2020Amazon took it off WeWorks hands for nearly $1 billion. Plaintiff/Cross-Defendants SAADIA SQUARE LLC and JACK SAADIA's unopposed application for non-resident Jonathan A. Ozarow to appear as Counsel Pro Hac Vice is GRANTED. Catering to a diversified portfolio of consumer products across multiple categories targeting all age demographics from Fashion Apparel in Men's, Women's & Kids, Footwear, Women's Handbags, Home Textiles, Furniture/Dcor & Tech Accessories and more. Join this Adweek event, July 1112, for insights on the modern consumer. Saadia Group Executive Team (4) Update this profile Name Title Board Seat Contact Info; Jose Cabatu: Chief Operating Officer & Co-Chief Financial Officer: Arvee Claravall: Co-Chief Financial Officer: Jack Saadia: Co-Founder, Chief Executive Officer, Finance Manager & Principal: You're viewing 3 of 4 executive team members. To that end, we evaluated the market and identified a plug-and-play opportunity at 275 Madison Avenue that allowed for immediate occupancy and minimal up-front capital expenditure costs., Brokerage Cresa Continues Florida Expansion With New Boca Raton Office. .article-native-ad strong { The brand has been the favorite store for generations of shoppers and has a long history in fashion, launching the careers of several American designers. Stay tuned for exclusive collaborations, fresh assortments, new launches across categories and a robust private label offering filling up these limitless digital aisles in the next few weeks. Office availability hit 15.5 percent in February, the worst on record, according to Colliers Internationals monthly market snapshot. This dispute centers around the October 30, 2018 deposition of Jack Saadia. MOUNT OLIVE TWP. Pursuant to the Companys filed Disclosure Statement and Plan of Liquidation, the sale will result in a distribution to the Companys unsecured creditors; however, the Companys equity securities will be cancelled on or before the conclusion of the Companys Chapter 11 cases with no payment or other distribution thereon. All rights reserved. Its former flagship store, built in 1914, is now a landmarked building in New York City. We aredeeply committed to continuing the rich legacy of the brand in a progressive way. Indeed, SM has an 86% equity interest in the Company, further demonstr ating the baselessness of Saadia's attempt HEARING: 08/04/21. There is no recent news or activity for this profile. Their strategic investments in fashion brands utilizes their broad experience and leverages a full complement of resources to grow and expand the business. } , principal and co-founder of the Saadia Group, sought a brand-appropriate space for Saadias recently acquired brands and tapped Savills for a strategic plan that included identifying an ideal location; one that would allow Lord & Taylor and New York & Company to quickly establish operations while maintaining a New York City presence and accommodating future growth, Savills Zang said in a statement. Catering to a diversified portfolio of consumer products across multiple categories. font-size: 34px; Its New York City office brings Lord & Taylor back to the neighborhood after it sold its 424 Fifth Avenue flagship to WeWork and Rhne Capital for $850 million in 2019. Lord & Taylor was sold to Le Tote, a women's clothing rental company, for $100 million in 2019, but Le Tote went bankrupt inAugust 2020. White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it provided a $25 million ABL facility to Saadia Group, LLC for the acquisition of two women's apparel brands from e-commerce retailer, RTW Retailwinds Inc. ("RTW"), which is undergoing bankruptcy proceedings. And in the case of Toys R Us, weve seen the brand shut down, reopen, To Read the Full Story Become an Adweek+ Subscriber. Europe, Menlo Park, China), Where the person is located (e.g. margin-top: 10px; As previously announced, the Company has fully satisfied and repaid all of its secured debt. of Savills represented Saadia in the lease, while C&W handled it in-house via. C/O Saadia Group. . last year, which it has kept operational even as the retail shops shuttered. CASE NO. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. We see significant opportunities to grow our digital footprint through brand extensions, targeted brand marketing and comprehensive consumer engagement. Stay connected to New York business news in print and online. The investment firm bought the intellectual property rights to Lord & Taylor in a $12 million cash bid at a bankruptcy auction in 2020and acquired New York & Companyfor $66 million, with plans to continue operating them exclusively online. Email this Business. Saadia Group, Lord & Taylor's new owner, is taking the once-sprawling retail empire, which had anchored a 660,000-square-foot building on Fifth Avenue, and packing it into three floors of a. Read the latest edition of the Commercial Observer online! Jack Saadia is the Finance Manager, Principal, and Co-founder at Saadia Group LLC. It stands on a shallow indentation of the seacoast about thirty kilometres north of the Dniester River estuary. Sponsored Content: You Dont Need a CIO or an IT Guy! We believe in the New York & Company and Fashion to Figure brands and the opportunity to use these e-Commerce platforms to continue to grow the business as we move forward. Don't miss the chance to get the biggest news first! 917-952-8676. are serving as its legal advisor; and Bob Duffy and Rob Shapiro of BRG are serving as the Companys Financial Advisor with Rob Shapiro also serving as the Companys Chief Restructuring Officer.
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