New Chapter 15 filing – Groupe Dynamite Inc.
On September 8, 2020, Groupe Dynamite Inc., a Canada-based clothing retailer with more than 300 stores in North America, including 85 in the United States, and several of its affiliates filed a petition for relief under Chapter 15 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 20-12083). The Chapter 15 filing comes on the heels of Groupe Dynamite Inc. placing itself under the protection of the Companies’ Creditors Arrangement Act (“CCAA”) in Canada. A link to the Chapter 15 petition can be found here.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
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