Cases & Deals

Harry & David negotiates pre-arranged bankruptcy plan

Clients Harry & David Holdings, Inc.

Jones Day represented Harry & David Holdings, Inc. and its affiliates in their chapter 11 cases filed in the District of Delaware. Prior to the filing, Jones Day assisted Harry & David in negotiating a pre-arranged chapter 11 plan with an ad hoc committee of its public noteholders and two separate debtor-in-possession financing facilities. The Delaware bankruptcy court confirmed Harry & David's chapter 11 plan on August 30, 2011. The plan included a $55 million rights offering and corresponding backstop commitment from the ad hoc committee and a landmark settlement with the Pension Benefit Guaranty Corporation relating to the termination of the company's pension plan. Harry & David's chapter 11 plan became effective on September 14, 2011.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.