Agentis partner Jacqueline Calderin was recently quoted in the South Florida Business Journal and The Real Deal Real Estate News discussing two Subchapter V Chapter 11 filings involving Miami-area restaurant operator Negroni Bistro & Sushi Bar.
Representing both restaurant entities in their restructuring efforts, Jacqueline discussed how Subchapter V enables qualifying small businesses to address financial challenges while continuing operations. As highlighted in the coverage, the companies are using the Chapter 11 process to restructure debt, streamline operations, and position themselves for long-term success.
The articles also underscore the growing importance of Subchapter V as an effective restructuring tool for businesses facing financial pressure, including those burdened by merchant cash advance financing. By allowing eligible companies to reorganize while remaining operational, Subchapter V can provide a practical path toward financial stability and preserve jobs, customer relationships, and enterprise value.
Read the coverage:
- South Florida Business Journal – “Popular Brickell Restaurant Negroni Files Chapter 11 Less Than a Year After Opening” (subscription may be required)
- South Florida Business Journal – “Negroni Doral Files for Chapter 11 Bankruptcy on Same Day as Brickell Location” (subscription may be required)
- The Real Deal – ” Negroni restaurants seek bankruptcy with $330K-plus in rent claims”
Jacqueline regularly represents businesses, debtors, creditors, receivers, and other stakeholders in complex bankruptcy and restructuring matters throughout Florida.