Neligan LLP served as debtors’ counsel to Golden County Foods, Inc. in its Chapter 11 proceeding in Wilmington, Delaware. Prior to the case, the debtors had run out of cash and were unable to continue operating. Neligan LLP attorneys negotiated debtor-in-possession financing that enabled the debtors to continue operating for an additional 60 days in order to run an orderly sale process to maximize the value of the debtors’ estates. Neligan LLP assisted in the sale process, which resulted in the sale of the debtors’ assets for nearly twice the amount of the opening stalking horse bid. The sale saved more than 500 jobs in Plover, Wisconsin and resulted in a substantial distribution to unsecured creditors.