Sidley Secures Confirmation of Chapter 11 Plan for AppHarvest

Sidley successfully led the Chapter 11 cases for AppHarvest, Inc., a high-tech indoor farming company with over US$300 million in funded debt and lease obligations, culminating with the confirmation of its Chapter 11 plan in the Bankruptcy Court for the Southern District of Texas on September 14, 2023. AppHarvest’s Chapter 11 cases were completed in less than 60 days and resulted in the orderly sale of the company’s assets, including its four state of the art greenhouse farm facilities, as well as broad releases for its directors and officers. The matter involves lawyers and staff from the New York, Chicago, Washington, D.C., Los Angeles, Century City, Miami, Houston, and Dallas offices.

The team representing AppHarvest includes Restructuring partners Steve Hessler (New York), Anthony Grossi (New York), and Duston McFaul (Houston), Private Equity partner Chris Abbinante (Chicago), M&A partner Ryan Scofield (Dallas), Litigation partner Jim Ducayet (Chicago), Employee Benefits and Executive Compensation partner Mary Niehaus (Chicago), Labor and Employment partner Katherine Roberts (Los Angeles), Capital Markets partner Istvan Hajdu (New York), Real Estate partner Beatriz Azcuy (Miami), and Tax partner Suresh Advani (Chicago). The team also includes Mark Adler (Global Finance, New York), Dusan Clark (M&A, Dallas), Julia Chester (M&A, Dallas), Edward Sharon (Antitrust/Competition, Washington, D.C.), Jeri Leigh Miller (Restructuring, Dallas), Patrick Venter (Restructuring, New York), Jeremy Pettit (M&A, Dallas), Shayona Dhanak (Global Finance, Century City), Mahalia Doughty (Global Finance, Houston), Benjamin Friedman (Litigation, Chicago), Gregory Matisoff (Employee Benefits and Executive Compensation, Washington, D.C.), Andres Barajas (Restructuring, New York), Weiru Fang (Restructuring, Washington, D.C.), Maggie Alden (Restructuring, New York), Joseph Hansik Ha (Global Finance, New York), Courtney Luster (M&A, Dallas), James Mooney (Litigation, Chicago), Vera Iwankiw (Labor & Employment, Chicago), Mitchell Li (Tax, Chicago), Ian Ferrell (Restructuring, Chicago), Ryan Fink (Restructuring, Chicago), Chelsea McManus (Restructuring, Dallas), Bill Turnbull III (Global Finance, New York), Ashley Rogers (M&A, Dallas), and Dzenela Becic (Capital Markets, New York).