Chapter 11 Case for Adara Enterprises Corp.

Counsel for Adara Enterprises Corp., an asset management firm focusing on quantitative trading, in its chapter 11 in case in the District of Delaware. Negotiated and obtained confirmation of the company’s prepackaged chapter 11 plan, which equitized the company’s senior lender and preferred equity holder, paid all other creditors in full and resulted in millions of dollars of recovery to the holders of the company’s common stock.