The Original Soupman, Inc. – a Staten Island, N.Y.-based soup company famous for inspiring an episode of the TV sitcom Seinfeld–and two affiliates have filed voluntary petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-11313). Soupman’s petition estimates its assets to be between $1 – $10 million and its liabilities to be between $10 – $50 million. According to a press release from Soupman on June 13, 2017, Soupman has secured a $2 million debtor in possession credit facility and will continue its normal business operations during the Chapter 11 cases. Epiq Systems, Inc. is the proposed claims and noticing agent. The case has been assigned to the Honorable Laurie Selber Silverstein.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.