Maples Advises Hilco on Restructuring and Sale of Leading Irish Fashion Retailer A-Wear
Maples' Dublin office acted as counsel for Hilco during their restructuring and subsequent sale of the A-Wear Group, the nationwide fashion chain with over 40 stores and concessions and 450 staff in Ireland.
Nollaig Murphy, Head of Finance at Maples Dublin, said "It was highly rewarding to have been involved in such an innovative transaction from the original acquisition, through effecting significant restructuring changes, to the ultimate sale of the A-Wear Group." Maples drew on a broad range of expertise to support the multidisciplinary restructuring, requiring banking, corporate and insolvency specialists working across teams advising the lender and lender-appointed receiver.
Larry Howard, CEO Hilco Capital Ireland Limited., commented: "Maples Dublin have acted for us on this matter from acquisition to disposal, and were the ideal partners for innovative legal structuring needed by us to achieve our restructuring goals in Ireland."