Glenn Agre Represents Preferred Equityholders of QVC Group in Chapter 11 Cases

Glenn Agre Bergman & Fuentes represents preferred equityholders of QVC Group in the company’s chapter 11 cases ahead of a combined plan confirmation and disclosure statement approval hearing scheduled for May 26.

The debtors’ valuation analysis, prepared by Evercore, estimates the reorganized debtors’ net enterprise value at approximately $1.85 billion to $2.25 billion, with significant implications for how equity recoveries are structured and negotiated at this stage of the proceeding. The Glenn Agre team includes partners Andrew K. Glenn, Kurt Mayr, and Agustina Berro. Cleary Gottlieb Steen & Hamilton serves as co-counsel.