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Conflicts Counsel to Bally Total Fitness

Practice Area: Chapter 11 bankruptcy

Outcome: Successful reorganization

Description: Bally Total Fitness received the “Chapter 11 Reorganization of the Year” award for companies with $500 million - $1 billion in assets. The reorganization plan cleared the way for the U.S. health club operator to emerge from Chapter 11 by reducing its debt by roughly $700 million to less than $100 million.

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