Photo: TMLsPhotoG/Shutterstock.com TriMark Defends Pandemic Refinancing Package, as Some Lenders Seek to Undo 'Back-Room' Deal
In a virtual hearing that lasted nearly three hours, lawyers for TriMark and its equity owners, The Blackstone Group Inc. and Centerbridge Partners, defended the rescue package as an necessary emergency measure.
April 30, 2021 at 04:25 PM
4 minute read
Attorneys for TriMark USA and a group of major investors asked a Manhattan Supreme Court judge on Friday to dismiss a lawsuit aiming to unwind the food-service supplier's $427 million pandemic refinancing package, which a group of lenders claimed had illegally dislodged them from a top position in the repayment line.
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