Fox Rothschild Steers Coda Into Chapter 11May 3, 2013 – In The News
As originally reported in The Am Law Daily, Fox Rothschild is advising Coda Holdings Inc. in its bankruptcy proceedings. While the full text can be found in the May 2 issue, a synopsis is noted below.
Coda Holdings, a Los Angeles-based carmaker, recently sought Chapter 11 protection under a $25 million plan to sell its assets to investment management firm Fortress Investment Group.
Jeffrey Schlerf, partner in the Wilmington, Delaware office of Fox, is providing local counsel to the debtor.