d/b/a Romano's Macaroni Grill
SECTOR: Consumer Discretionary - Restaurant
CONFIRMED DATE: November 2017
ROLE: Financial Advisor to the Official Committee of Unsecured Creditors
Macaroni Grill is one of the leading brands among Italian Casual Dining Restaurants, with over 116 locations across the globe. Province was hired by the official committee of unsecured creditors to scrutinize and offer alternatives to the restructuring support agreement, analyze the debtors' go-forward business plan and proposed capital structure, and monitor a dual track sales process all with the goal of identifying sources of unencumbered value and maximizing recoveries through the Chapter 11 process.