June 6, 2018 (New York) – International law firm Proskauer advised Earl Enterprises in its purchase of Bertucci’s, a Massachusetts-based Italian restaurant chain. Following a brief court-approved restructuring and sale process, the deal will allow Bertucci’s to exit its chapter 11 bankruptcy and restructure under new ownership as Bertucci’s Holding, LLC.
A leading figure in the hospitality and food & beverage industries, Earl Enterprises owns and operates over 130 locations in 25 states and internationally under the Buca di Beppo, Planet Hollywood, Earl of Sandwich, Café Hollywood and other brands.
The Proskauer team was led by partners Vincent Indelicato (Business Solutions, Governance, Restructuring & Bankruptcy) and Daniel Ganitsky (M&A) and included partner Andrew Bettwy (Finance); and associates Daniel Desatnik, Peter Martin, Nirali Parikh and Michael Saliba (Corporate).