The Wet Seal, Inc. Bankruptcy New Filing Alert: Motion For Authority To Pay Claims Of Vendors

On January 16, 2015, a motion for authority to pay claims of vendors was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 9 and is described on the court’s official docket as follows:

Motion Prohibiting Utilities from Discontinuing Service РDebtors Motion for Entry of Interim and Final Orders (A) Approving the Debtors Proposed Adequate Assurance of Payment for Future Utility Services, (B) Prohibiting Utility Companies From Altering, Refusing, or Discontinuing Services, (C) Approving the Debtors Proposed Procedures for Resolving Adequate Assurance Requests, and (D) Granting Related Relief Filed By The Wet Seal, Inc., a Delaware Corporation (Kandestin, Maris) (Entered: 01/16/2015)

The Wet Seal, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-10081. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Klee, Tuchin, Bogdanoff & Stern LLP is acting as lead bankruptcy counsel to The Wet Seal, Inc. in the bankruptcy case.


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