The Wet Seal, Inc. Bankruptcy New Filing Alert: Motion For An Extension Of The Debtors’ Exclusive Periods To File And Solicit Votes On A Plan Of Reorganization Or Liquidation

On May 12, 2015, a motion for an extension of the debtors’ exclusive periods to file and solicit votes on a plan of reorganization or liquidation was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 671 and is described on the court’s official docket as follows:

Motion to Extend Exclusivity Period for Filing a Chapter 11 Plan and Disclosure Statement Filed by Seal123, Inc.. Hearing scheduled for 6/23/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 5/26/2015. (Attachments: # (1) Notice # (2) Exhibit A) (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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