CreditStore

The Case

A South Dakota-based credit card company, Creditstore, hired the Firm to represent it in its chapter 11 process, even though the proceeding was in South Dakota. While based in Dallas, Neligan LLP has a track record of successfully representing Debtors located throughout the country.  Through complex negotiations with creditors and potential suitors, a plan was approved which provided creditors with a significant dividend. The case was also the first complex chapter 11 case filed in that district.