The Wet Seal, Inc. Bankruptcy New Filing Alert: Motion For Authority To Reject Agreements

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

The filing was assigned docket number 15 and is described on the court’s official docket as follows:

Motion to Reject Lease or Executory Contract – Debtors First Omnibus Motion for the Entry of an Order Authorizing the Debtors (A) to Reject Certain Unexpired Non-Residential Real Property Leases Pursuant to 11 U.S.C. § 365, and (B) Abandon Any Remaining Property Located at the Leased Premises Nunc Pro Tunc to the Petition Date 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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