DEAL ANNOUNCEMENT
June 24, 2026
Read time: 4 min
Global law firm McDermott Will & Schulte represented Axar Capital Management in connection with the chapter 11 cases of AGDP Holding Inc. and its affiliated debtors (collectively, “Avant Gardner”), including the sale of Avant Garnder’s assets to Axar affiliates.
Avant Gardner is a leading live music entertainment operator of one of New York City’s premier live music and event venues—the Brooklyn Mirage. Avant Gardner’s portfolio includes two additional venues—The Great Hall and The Kings Hall—making it a premier destination for live music events. The successful sale transaction provides Avant Gardner with new ownership and positions the Company to deliver shows in 2026 and beyond.
The McDermott team was led by Adam Harris, Reuben Dizengoff and Lauren Troeller with invaluable assistance from Christopher Bell, John Tuley, Andrew Mendelson, Elizabeth Garrison, David Hurst, Nicholas Fuchs, Ardian Triantoro, Daniel Oshinsky, Megan Robertson, Bill Gussman, Ji Hune Lee, Ethan Dover, Tracey Dillon, Kari Campbell, Lance Kodish, Adam Perlman, Theodore Keyes, Elias Eliopoulos, Matthew Arace, Joseph Reich, Moshe Mashitz, Eric Wesson and Hannah Hollingsworth.
Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,700+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.
