The Wet Seal, Inc. Bankruptcy New Filing Alert: Order Regarding The Application For Authority To Retain Professionals

On February 18, 2015, an order regarding the application for authority to retain professionals was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 324 and is described on the court’s official docket as follows:

Order (I) Authorizing employment and Retention of Houlihan Lokey Capital, Inc. as Financial Advisor and Investment Banker to the Debtors Nunc Pro Tunc to the Petition Date and (II) Modifying Certain Information Requirements of Local Rule 2016-2. (Related Doc # [44])(related document(s)[44]) Order Signed on 2/18/2015. (DMC)

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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