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Dino Armiros quoted in Crain’s article on auction held by Cole Taylor Bank to save Schaumburg company, Amazing Food

Arnstein & Lehr Attorney Dino Armiros

Dino Armiros

Arnstein & Lehr Chicago Partner Dino Armiros was quoted in a November 21 article in Crain’s Chicago Business, titled “Lyfe Kitchen gives Amazing Food a second chance.” The article discusses how Amazing Food, which makes some of Lyfe Kitchen’s ready-to-eat products, was on the verge of being shut down by Cole Taylor Bank, a client of the firm, for being in default on loans when the bank opted to hold a uniform commercial code auction of Amazing Food’s intellectual property, accounts receivable and some equipment; the bank lined up Lyfe Kitchen as a preferred bidder. Mr. Armiros comments that the auction was a big success in that they were able to keep jobs in Chicago through the collaboration of the bank and the buyer.

To read the article in full, please click here.