Trans-Lux Corporation (Debtor Representation)
Olshan represented Trans-Lux, a publicly-held company that is a leading designer and manufacturer of digital signage display solutions. Our efforts helped the company reinvent itself. We accomplished a comprehensive out of court restructure and recapitalization of the company. The company was upside down and had a distressed balance sheet. Trans-Lux avoided bankruptcy and default on its outstanding debt while recapitalizing its balance sheet.