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Morris Nichols Recognized for Role as Debtor's Counsel in Successful Reorganization of Big 10 Tire Stores

Wilmington, DE (July 23, 2009) – Morris Nichols’ Business Reorganization and Restructuring Group was recognized for its role as debtor’s counsel to Big 10 Tire Stores, one of the largest independent tire dealers in the Southeastern U.S., in the successful reorganization and sale of its operations.

In an announcement released by SSG Capital Advisors, the exclusive investment banker to Big 10 Tire Stores, all of Big 10’s assets have been sold to an affiliate of Sun Capital Partners, Inc., under Section 363 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.  Sun Capital provided DIP financing to Big 10 during the restructuring process.