Hollander Sleep Products LLC’s Chapter 11 Filing

Kirkland & Ellis LLP represented Hollander Sleep Products LLC in the transaction.

Pillow and mattress pad maker Hollander Sleep Products LLC has filed for Chapter 11 in a New York bankruptcy court with a $166.5 million debt-for-equity swap plan it says will free it from “severe liquidity restraints.”

Carl Marks Advisory Group LLC acted as financial adviser and Houlihan Lokey Capital as its investment banker.

Kirkland & Ellis LLP team was composed by Joshua A. Sussberg (Picture), Joseph M. Graham and Christopher T. Greco.

Involved fees earner: Joseph Graham – Kirkland & Ellis; Christopher Greco – Kirkland & Ellis; Joshua Sussberg – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Hollander Sleep Products;

Author: Ambrogio Visconti