FK Advises Ad Hoc Committee of Noteholders on Regulatory Matters in Ayr Wellness Restructuring

FK represents an ad hoc committee of noteholders of Ayr Wellness Inc. in connection with a cross-border restructuring transaction involving approximately $294 million of debt. AYR Wellness Inc. is one of the largest multi-state operators in the U.S. cannabis industry with operations across eight states.

The firm guides the note holder group in negotiating and executing a Restructuring Support Agreement and a $50 million Bridge Facility. Currently, the firm represents Ayr Wellness Inc. through a foreclosure sale.

Team Members: Justin Singer, Samantha Gleit, and Matthew Berkowitz