Lowenstein Selected as Counsel to Official Committee of Unsecured Creditors in Southern Motion Chapter 11 Bankruptcy

Lowenstein Sandler's Bankruptcy & Restructuring Department has been selected as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of Southern Motion, a vertically integrated, U.S. based manufacturer of reclining furniture. Southern Motion filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Mississippi.

The company reports between $50 million to $100 million in both assets and liabilities.

The Lowenstein team includes David M. Posner, Gianfranco Finizio, Eric Chafetz, and Jake A. Rauchberg.