Bankruptcy Filing.pdf

First-Day-Declaration.pdf
Preview of Bankruptcy Filing
🔗 Source: csbankruptcyblog.com
📊 Size: 307 KB
👤 Author: tboll
⬇️ Downloads: 170

Summary

Brookstone Holdings Corp. and its affiliates filed voluntary Chapter 11 petitions in the US Bankruptcy Court for the District of Delaware, seeking to restructure and sell their businesses. The debtors, led by CFO Greg Tribou, aim to shed burdensome leases, right-size inventory, and sell a streamlined business to a bidder. They have secured a $30 million post-petition DIP credit facility from Wells Fargo and Gordon Brothers to facilitate the process. The debtors operate 137 retail stores across 40 states and Puerto Rico, and plan to consummate a sale of their businesses by the end of September 2018 to maximize value and provide recovery to creditors.

Description

Brookstone Holdings Corp.

Technical Information

  • File Format: PDF
  • File Size: 307 KB
  • Pages: 47
  • Language: EN
  • Author: tboll
  • Total Downloads: 170
  • Last Updated: 2 weeks ago

Document Overview

This PDF document about Bankruptcy Filing provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Bankruptcy Filing.

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