The Wet Seal, Inc. Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On April 16, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 610 and is described on the court’s official docket as follows:

Monthly Application for Compensation (Third) of Houlihan Lokey Capital, Inc. for Allowance of Compensation for Services Rendered and Reimbursement of Expenses as Financial Advisor and Investment Banker to the Debtors for the period March 1, 2015 to March 31, 2015 Filed by SEAL123, INC., et al.. Objections due by 5/7/2015. (Attachments: # (1) Notice # (2) Exhibit A – C) (Buchanan, Travis)

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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