CORRECTED: Judge Balks At Terms For Shoes For Crews DIP Loan

By Emily Lever · April 3, 2024, 7:47 PM EDT

A Delaware bankruptcy judge Wednesday took issue with portions of the proposed debtor-in-possession financing for Shoes for Crews, declining to rule on what she described as a too-broad DIP order that...

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Bankruptcy Scorecard

Summary

Florida-based nonslip shoe maker Shoes for Crews filed for Chapter 11 bankruptcy in Delaware with a stalking horse bid from its senior lenders.

Case Number

24-10663

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$480 million

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Documents

Case Information

Case Title

Never Slip Holdings, Inc.

Case Number

1:24-bk-10663

Court

Delaware

Nature of Suit

Date Filed

April 01, 2024