The Wet Seal, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Miscellaneous “First Day” Relief

On January 20, 2015, an order regarding the motion for miscellaneous “first day” relief was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 101 and is described on the court’s official docket as follows:

Order (I) Authorizing Continuation of, and Payment of Prepetition Obligations Incurred in the Ordinary Course of Business in Connection With, Various Insurance Policies; and (II) Authorizing Banks to Honor and Process Checks and Electronic Transfer Requests Related Thereto (related document(s)[11]) Order Signed on 1/20/2015. (MML)

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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