Upcoming Committee Formation Meeting: Thursday, August 23 2018 10:00 AM

Case Name: 18-11814 (BLS)

Location: Office of the US Trustee, 844 King Street, Room 3209, Wilmington ,DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting:  Friday, August 17 10:00 AM

Case Name: 18-11975 (MFW)

Location:The Doubletree Hotel, 700 King Street, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting:  Thursday, August 16 10:00 AM

Case Name: 18-11818 (KJC)

Location: The Du Pont Hotel, 42 W. 11th Street, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting:  Thursday, August 16 10:00 AM

Case Name: 18-11801 (LSS)

Location:The Doubletree Hotel, 700 King Street, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Upcoming Committee Formation Meeting:  Tuesday, August 14 10:00 AM

Case Name: 18-11699 (MFW)

Location:The Doubletree Hotel, 700 King Street, Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

Samuels Jewelers, Inc., a jewelry retailer headquartered in Austin, Texas, with over 100 stores in 22 states, has filed a petition for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 11818).  Samuels’ Petition reports an estimate $100–$500 million in both assets and liabilities, and reports that funds will be available for distribution to unsecured creditors.  Samuels made headlines in May when it retained restructuring advisors shortly after the chairman of its parent company, Gitanjali Gems Ltd., was accused by Punjab National Bank (India) of defrauding the Bank of almost $2 billion dollars.  A First Day Declaration has not yet been filed.  Prime Clerk is the proposed claims and noticing agent.  The case has been assigned to the Honorable Kevin J. Carey.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.  Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.

 

Noon Mediterranean, Inc. (f/k/a Verts Mediterranean Grill), has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 18-11814).  Noon, a casual restaurant chain headquartered in New York, New York, has nineteen locations in four states, thirteen of which are in Texas.  Noon’s Petition reports an estimated $1–$10 million in assets and $10–$50 million in liabilities.  No other pleadings have yet been filed.  A claims and noticing agent has not yet been proposed.  The case has been assigned to the Honorable Brendan Linehan Shannon.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.  Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.

J&M Sales Inc., along with nine subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-11801).  The Debtors, based in Gardena, California, are a discount retailer of brand name apparel and household items, with 344 stores and over 9,800 employees nationwide.  According to the First Day Declaration, the Debtors enter Chapter 11 intending to pursue either a sale or standalone restructuring.  The Debtors are seeking approval of a $100 million DIP financing facility to be provided by the Debtors’ pre-petition lenders.  Prime Clerk 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.  Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.

RM Holdco LLC (dba Real Mex Restaurants), along with five subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-11795).  The Debtors, one of the largest full service Mexican casual dining chain operators in the United States, operates eighty restaurants, primarily through three brand names: (1) El Torito; (2) Chevys Fresh Mex; and (3) Acapulco.  According to the First Day Declaration, the Debtors—despite being profitable and attaining steady improvement in their operating results—are unable to service their current debt load and have filed for Chapter 11 intending to pursue a sale of substantially all of their assets under section 363 of the Bankruptcy Code.  The Debtors are seeking approval of $5.5 million Debtor-in-Possession financing to be provided by two of the Debtors’ pre-petition lenders—one of whom, Z Capital Group, is the proposed stalking horse bidder.   Kurtzman Carson Consultants is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Mary F. Walrath.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.  Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.

Brookstone Holdings Corp., along with nine subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-11780).  Headquartered in Merrimack, New Hampshire, Brookstone is a well-known developer and retailer of wellness, entertainment and travel products.  Brookstone previously filed for Chapter 11 protection in Delaware on April 3, 2014 (Lead Case No. 14-10752) and sold all of its assets to Sailing Innovation Inc., an acquiring entity formed by a consortium of Chinese investors.  According to the First Day Declaration, Brookstone enters Chapter 11 having secured $30 million in DIP Financing from Wells Fargo Bank, NA, and Gordon Brothers Finance Company.  The First Day Declaration further explains that Brookstone intends to close unprofitable stores and pursue a sale of substantially all of its remaining assets pursuant to section 363 of the Bankruptcy Code.  Omni Management Group is the proposed claims and noticing agent.  The cases have been assigned to the Honorable Brendan Linehan Shannon.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.  Please note, however, that Cole Schotz P.C. does not represent the debtors in these cases and cannot respond to questions directed toward the debtors.