瑞幸咖啡近期宣布完成债务重组。达维律师事务所、衡力斯律师事务所为其提供法律意见。

据新浪财经报道，根据这一债务重组计划，瑞幸将用3.2亿美元现金和一些新债券解决其4.6亿美元的可转债重组问题，该计划还了结了股东在瑞幸财务造假后发起的多起诉讼。重组计划的完成标志着瑞幸咖啡正式结束作为债务人的破产保护程序。

衡力斯团队由合伙人Chai Ridgers、Nick Hoffman牵头领导，合伙人Jayson Wood、Paul Sephton、Raymond Ng为其提供协助。

Davis Polk, Harneys advise on Luckin Coffee’s debt restructuring

Davis Polk & Wardwell and Harneys have advised Luckin Coffee on the completion of its planned debt restructuring, which ends the cross-border bankruptcy proceedings under Chapter 15 of Title 11 of the U.S. Code.

According to reports on Sina.com, the plan included a $460 million senior note with holders receiving a total of $320 million in cash plus new bonds after the restructuring, as well as a $175 million settlement of a U.S. Federal Class Action commenced by certain purchasers of the company’s NASDAQ listed American Depositary Receipts. With the plan completed, Luckin has ended its bankruptcy protection process as a debtor. 

Founded in 2017, the Xiamen-based Luckin had positioned itself as a homegrown challenger to U.S. coffee giant Starbucks, reported Reuters, but the much-hyped company almost collapsed in 2020 after findings that about 2.2 billion yuan ($337.31 million) in 2019 sales was fabricated.
The Harneys team was led by partners Chai Ridgers and Nick Hoffman, who were supported by partners Jayson Wood, Paul Sephton, Raymond Ng.