Schafer and Weiner Negotiates Favorable Chapter 11 Plan Treatment

August, 2018

John Stockdale Jr. represented a merchant cash advance claimant in Premier PCS of Texas, Inc.’s Texas bankruptcy case.  Premier proposed a plan of reorganization that was not satisfactory to the merchant cash advance claimant.  John negotiated more favorable plan treatment, which included increased distribution to, and a waiver of chapter 5 causes against, Schafer and Weiner’s client.