New Delaware Chapter 11 Filing – The Original Soupman, Inc.

Save as PDF

The Original Soupman, Inc. – a Staten Island, N.Y.-based soup company famous for inspiring an episode of the TV sitcom Seinfeld–and two affiliates have filed voluntary petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 17-11313).  Soupman’s petition estimates its assets to be between $1 – $10 million and its liabilities to be between $10 – $50 million.  According to a press release from Soupman on June 13, 2017, Soupman has secured a $2 million debtor in possession credit facility and will continue its normal business operations during the Chapter 11 cases.  Epiq Systems, Inc. is the proposed claims and noticing agent.  The case has been assigned to the Honorable Laurie Selber Silverstein.

Contact Norman L. Pernick and Nicholas J. Brannick for more information.

As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.

Join Our Mailing List

Stay up to date with the latest insights, events, and more

Check all areas of law you are interested in receiving e-newsletters and alerts about:(Required)
This field is for validation purposes and should be left unchanged.

Our Practices



Our Industries