David’s Bridal, Inc., along with three affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-12635). The Debtors announced last week that they had entered into a restructuring support agreement with its term loan lenders, senior noteholders and equity-holders and would be filing a prepackaged plan of reorganization. A First Day Declaration has not yet been filed. The Debtors are seeking to have a combined hearing on approval of their disclosure statement and confirmation of their joint plan of reorganization on December 28, 2018. Donlin Recano is the proposed claims and noticing agent. The cases have been assigned to the Honorable Laurie Selber Silverstein.
Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.