In court papers, the Nashville company listed $18.01 million in assets and $14.93 million in liabilities.
Debtor counsel William L. Norton III of
Bradley Arant Boult Cummings
could not be reached for comment.
Sawaya Segalas & Co.
is the debtor's financial adviser, and
Carl Marks Advisory Group
is crisis manager.
Christopher F. Graham of
McKenna Long & Aldridge
represents Oreck Acquisition. Graham also could not be reached on Tuesday.
Bruce R. Kraus, Benjamin D. Feder and Gilbert R. Saydah Jr. of
Kelley Drye & Warren
and sole practitioner Robert J. Welhoelter are counsel to Royal.
John H. Rowland, Courtney H. Gilmer and Jamie L. DeRensis of
Baker, Donelson, Bearman, Caldwell & Berkowitz
represent debtor-in-possession loan agent
Black Diamond Commercial Financial
Timothy J. Dable and Daniel J. McGuire of
Winston & Strawn
are co-counsel to Black Diamond.
Donald E. Rothman of
Riemer & Braunstein
represents prepetition lender
Wells Fargo Bank
(WHR - Get Report)
Kenneth A. Rosen and Sharon Levine of
and Daniel H. Puryear and Maximilian R. Loosen of
Puryear Law Group
represent the official committee of unsecured creditors.
Written by Aviva Gat