Big Lots, Inc.
Case Number:
1:24-bk-11967
Court:
Nature of Suit:
Firms
- Ashby & Geddes
- Ballard Spahr
- Blank Rome
- Burr & Forman
- Choate Hall
- Davis Polk
- Frost Brown
- Linebarger Goggan
- McCreary Veselka
- Monzack Mersky
- Morris Nichols
- Perdue Brandon
- Richards Layton
- Riemer & Braunstein
- Singer & Levick
- Stark & Stark
- Werb & Sullivan
Companies
- Big Lots Inc.
- Gordon Brothers Group LLC
- Kimco Realty Corporation
- Tempur Sealy International Inc.
- The PNC Financial Services Group Inc.
Sectors & Industries:
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September 09, 2024
Red Lobster Plan Confirmed, Big Lots Leads New Ch. 11s
A string of new Chapter 11 bankruptcies were recently launched in Delaware, including a case from national discount home goods retailer Big Lots, which plans to pursue a going-concern sale. Meanwhile, seafood dining chain Red Lobster is on track to hand over the reins to a new group of owners, led by a secured lender, after the debtor secured confirmation of its Chapter 11 plan.
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September 09, 2024
Bargain Retailer Big Lots Hits Ch. 11 With Sale In Sights
Discount retail chain Big Lots filed for Chapter 11 protection Monday in Delaware with $556 million of secured debt and plans to shutter more than 300 stores while it works to complete a $620 million deal to sell the rest of its business as a going concern.
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