Clover Lenders Tap Jones Day, Prep for Investment Bank Pitches

Lenders to 4L Technologies Inc. hired restructuring law firm Jones Day to represent them in negotiations with the company, which owns the Clover Technologies inkjet-recycling service, according to people with knowledge of the situation.

First-lien lenders will also hear pitches in the coming days from investment banks with restructuring experience, including Evercore Inc., Greenhill & Co. and Houlihan Lokey Inc., said the people, asking not to be identified discussing a private matter.

Representatives from Evercore and Jones Day didn’t immediately respond to requests for comment. The company, its private equity sponsors Golden Gate Private Equity Inc., Greenhill and Houlihan declined ...