Open/Close
Close

News Release

Aaron D Werner - a man in a business suit, smiling at the camera
Aaron L. Hammer
Chair | Bankruptcy Group
John W, Guzzardo - a man in a suit, smiling at the camera
John W. Guzzardo
Chair | Litigation Group
Add to eBriefcase
Share

HMB Legal Counsel Retained as Counsel for Wind-Down Trustee In re OGGUSA, Inc. f/k/a GenCanna Global USA

12/29/2020
Aaron D Werner - a man in a business suit, smiling at the camera
Aaron L. Hammer
Chair | Bankruptcy Group
John W, Guzzardo - a man in a suit, smiling at the camera
John W. Guzzardo
Chair | Litigation Group

Aaron L. Hammer, John W. Guzzardo and Nathan E. Delman of HMB Legal Counsel have been retained as counsel for the wind-down trustee in In re OGGUSA, Inc. (f/k/a GenCanna Global USA, Inc.). Earlier this year, CBD giant GenCanna made national headlines when its creditors forced the company into a Kentucky bankruptcy court

After a high stakes court battle which culminated in a $75 million sale to MGG Investment Group, the Debtors remaining assets were placed in a wind-down trust for the benefit of creditors. Oxford Restructuring Advisors LLC was selected as trustee and engaged HMB to investigate and prosecute numerous litigation claims and otherwise support the trust’s administration. HMB welcomes its role in achieving a meaningful recovery to the Debtors’ unsecured creditors.

“HMB’s Bankruptcy and Cannabis practices saw extraordinary growth last year,” said Sara O’Reilly, HMB’s Chief Executive Officer. “It’s a testament to our attorneys drive to be forward thinking in tackling complex and evolving issues.”

500 West Madison Suite 3700
Chicago IL 60661

Phone: 312-606-3200 Fax: 312-606-3232
© HMB Legal Counsel 2021. All Rights Reserved.
Close