New Delaware Chapter 11 Filing – Things Remembered, Inc.
Things Remembered, Inc., a retailer of engraved and personalized gifts headquartered in Highland Heights, Ohio, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-10234). Although first day motions have not yet been filed, the Debtor issued a press release this morning announcing that it intends to sell substantially all of its assets under section 363 of the Bankruptcy Code to Enesco, LLC. The Debtor’s petition reports an estimated $50 – $100 million in assets and $100 – $500 million in liabilities. A claims and noticing agent has not yet been proposed. The case has been assigned to the Honorable Brendan Linehan Shannon.
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