Jennifer B. Kimble is featured in Reorg’s ongoing coverage of the Chapter 11 bankruptcy case of KB US Holdings Inc., the parent company of Balducci’s New York and Kings Food Markets (October 14, 2020; October 16, 2020; October 22, 2020). Lowenstein represents the Official Committee of Unsecured Creditors (UCC), which supports the proposed sale to Acme Markets but objects to the purchase of certain claims and causes of action and which seeks to ensure the preservation of the UCC’s challenge rights under the Final DIP Financing Order. Reorg notes Kimble’s arguments on behalf of the UCC, specifically her objecting to “the extent that causes of action to be purchased would include claims against former or current directors and officers, and constitute a de facto release.” Kimble also raises the points that the debtors’ D&O insurance policies have $15 million of coverage, and the UCC has yet to see a wind-down budget. She argues that “the value of unencumbered assets [should] be carved out of the sale proceeds and that the UCC’s ability to present a challenge [following approval of the sale] be preserved.” (subscription required to access articles)