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

On June 19, 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 767 and is described on the court’s official docket as follows:

Objection \\ Combined Objection of The Macerich Company, Starwood Retail Partners LLC, Steadfast Companies, UCR Asset Services, and Passco Companies, LLC to Debtors’ (1) Notice of (I) Possible Treatment of Contracts and Leases, (II) Fixing of Cure Amounts, and (III) Deadline to Object Thereto, and (2) Order Approving Third Omnibus Assumption and Assignment of Unexpired Leases (related document(s)[426], [452], [538], [743]) Filed by Passco Companies, LLC, Starwood Retail Partners LLC, Steadfast Companies, The Macerich Company, UCR Asset Services (Attachments: # (1) Schedule A # (2) Exhibit A to R # (3) Certificate of Service) (Heilman, Leslie)

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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