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

On June 8, 2015, an order regarding the application for final approval of professional compensation was filed in the bankruptcy case of The Wet Seal, Inc. and its affiliates.

The filing was assigned docket number 742 and is described on the court’s official docket as follows:

Order Approving Fourth And Final Fee Application 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 Application Period Of April 1, 2015 Through April 15, 2015 And For The Total Period January 15, 2015 Through April 15, 2015. (related document(s)[651], [738]) Signed on 6/8/2015. (Attachments: # (1) Exhibit A) (JAF)

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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