Leaders conducts successful controlled sale process and auction of New Hampshire convenience store chain
In August 2011 Leaders was retained by the Chief Restructuring Officer in the New Hampshire Chapter 11 cases of Munce’s Superior Petroleum Products, Inc. (and its affiliates) to conduct an expedited controlled sale process and auction of Munce’s convenience store chain. In a process that involved contacting over 200 potential bidders, a successful auction was held in October. While there were multiple bidders for individual and groups of convenience stores, the winning bid was for all of the stores in the chain. The closing of sales of the stores began in late January and was completed the first week of February.