Information on Corporate Bankruptcy Proceedings in Delaware and Throughout the United States
Introduction
Eddie Bauer, the Washington-based retailer, filed for bankruptcy on June 16, 2009, approximately four years after the company emerged from the Spiegel bankruptcy. What started as one store opened by Eddie Bauer in 1920, grew to a clothing retailer with over 500 stores and catalogs reaching over 100 million customers. During its history, the…
Introduction
Anchor Blue Retail Group (“Anchor Blue”), the California-based clothing retailer, filed for Bankruptcy in the United States Bankruptcy Court for the District of Delaware on May 27, 2009 (the “Petition Date”). According to its Declaration in Support of First Day Motions (the “Declaration”), the company has over 2,800 employees and annual sales in 2008…
Introduction
Filene’s Basement, the “value-price” clothing retailer with stores throughout the United States, filed for bankruptcy on May 4, 2009 in Delaware. According to its Affidavit in Support of First Day Motions (the “Affidavit”), Filene’s Basement began 90 years ago as one of the first “off-price” stores where retailers and manufacturers could sell merchandise at…
