The Wet Seal, Inc. Bankruptcy New Filing Alert: Objection To The Determination Of The Amount Of A Cure Claim

On March 27, 2015, an objection to the determination of the amount of a cure claim was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 495 and is described on the court’s official docket as follows:

Limited Objection of Skillsoft Corporation to the Proposed Cure Amount in the Notice of (1) Potential Treatment of Contracts and Leases, (II) Fixing of Cure Amounts, and (III) Deadline to Object Thereto (related document(s)[451], [452]) Filed by SkillSoft Corporation (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F) (Hanlon, William)

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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