Morris Nichols Bankruptcy Alert - Francesca’s Holdings Corporation and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware
On December 3, 2020, Francesca’s Holdings Corporation and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.
Lead Case No. – 20-13076
Debtors – Francesca’s Holdings Corporation, Francesca’s LLC, Francesca’s Collections, Inc., and Francesca’s Services Corporation
Description of Debtors – Clothing Stores
Website of Debtors (URL) – www.francescas.com
Assigned Judge – The Honorable Brendan Linehan Shannon
Proposed Counsel – The Debtors' proposed bankruptcy co-counsel are Richards, Layton & Finger, P.A. and O’Melveny & Myers LLP.
Proposed Financial Advisor – FTI Capital Advisors LLC
First Day Hearing – A first day hearing has been scheduled for December 8, 2020, at 9:30 a.m.
Bankruptcy Documents –
Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.