SQBG was a consumer active and lifestyle brand company that included popular brands such as Avia, GAIAM, Jessica Simpson and Joe’s Jeans. and changed its name to Sequential Brands Group, Inc. with failing to impair its goodwill as required by. Old Sequential was incorporated under the laws of the State of Delaware in 1982 as People’s Liberation, Inc. Following the sale of substantially all of SQBG’s assets in early November, and the subsequent payment in full of the DIP, SQBG emerged from chapter 11 on Mafollowing the confirmation of a consensual plan of liquidation whereby KKR and the other prepetition Term B lenders received interests in a trust charged with the liquidation of SQBG’s remaining assets, concluding SQBG’s chapter 11 cases which provided for an all-in, essentially par recovery for the prepetition Term B lenders. The SEC stated that: It charged New York-based brand-management company Sequential Brands Group, Inc. Sequential Brands Groups 3-year average EBITDA growth rate is -13.3, which ranks worse than 73 of the companies in the industry of Manufacturing - Apparel & Accessories. Chad Wagenheim Executive Vice President of Strategic Development & Operations. (“SQBG”) chapter 11 cases pending in the United States Bankruptcy Court for the District of Delaware. Karen Murray serves as the CEO / President of Sequential Brands Group. King & Spalding represented KKR Credit Advisors (“KKR”) and certain of its affiliates and managed funds as DIP lender (holding approximately $140 million) and prepetition Term B lender (holding approximately $290 million) in connection with the Sequential Brands Group, Inc. Special Purpose Acquisition Companies (SPACs).Environmental, Social and Governance (ESG).Automotive, Transportation and Mobility.International Arbitration and Litigation.Appellate, Constitutional and Administrative Law Galaxy Universal LLC has made a lead bid of 333 million for Sequential’s activewear brands, including Avia, SPRI, GAIAM, AND1 and Swisstech.Special Matters and Government Investigations (Exact name of registrant as specified in its charter) 105 E 34th St.National Security and Corporate Espionage. Middle East and Islamic Finance and Investment.
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