The Wet Seal, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Assume And/Or Assign Agreements

On March 25, 2015, an objection to the motion for authority to assume and/or assign agreements was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 481 and is described on the court’s official docket as follows:

Objection (Google Inc.’s Objection) to the Debtors’ Possible Assumption of Google’s Contract and Proposed Cure Amount Relating to Debtors’ Motion to Sell Substantially All of Debtors’ Assets (related document(s)[451]) Filed by Google Inc. (Attachments: # (1) Exhibit A # (2) Certificate of Service) (Yoder, James)

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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