In re M Waikiki LLC
Our attorneys represented The Davidson Family Trust, an investor in the debtor, M Waikiki LLC. The debtor owns a hotel in Honolulu, Hawaii known as The Modern Honolulu. The case involved a contested plan confirmation process. The Trust provided the DIP financing and the exit financing, and co-sponsored the successful plan, pursuant to which it remains the majority equity holder. The plan provides for full payment of all allowed claims. This case is believed to have been the most hotly contested Hawaiian Chapter 11 case in history.