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 Jeff Hechtman, HMB’s Managing Partner. “It’s a testament to our attorneys drive to be forward thinking in tackling complex and evolving issues.”