Cosi, Inc.

10/1/16 Recap (updated 11/29/16): Fast casual chain seeks expedited asset sale to stalking-horse lenders (who had agreed not to credit bid their debt). Outcome: no competing bid came in and so the company sold to the stalking horse bidder for $10mm, including, in the end, a credit bid, after all.
Capital Structure: $31.2mm debt
Company Professionals:
- Legal: Mirick O'Connell DeMallie & Lougee (Joe Baldiga)
- Financial Advisor: The O'Connor Group (Edward Schatz)
Other Parties in Interest:
- UCC:
  - Legal: Nixon Peabody LLP (Lee Harrington, Christopher Desiderio, Christopher Fong)
  - Financial Advisor: Deloitte Financial Advisory Services LLP (John Doyle)
- Lenders:
  - Legal: Brown Rudnick LLP (William Baldiga) & Vinson & Elkins LLP (Steven Abramowitz).
- JPMorgan Chase Bank
  - Legal: Morgan Lewis & Bockius LLP (Andrew Gallo, Christopher Carter)