New Delaware Chapter 11 Filing – Destination Maternity Corporation
On October 21, 2019, Destination Maternity Corporation, along with two of its affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-12256-BLS). The Debtor reports total assets of $260,198,448 and total liabilities of $244,035,457, and the Debtor presently expects that funds will be available for distribution to unsecured creditors. The cases have been assigned to the Honorable Brendan Linehan Shannon.
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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