American Apparel, Inc. Bankruptcy New Filing Alert: Motion For Appoval Of Claims Trading Procedures

On October 5, 2015, a motion for appoval of claims trading procedures was filed in the bankruptcy case of American Apparel, Inc. and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Motion to Approve Motion for Entry of Interim and Final Orders (I) Establishing Notice and Objection Procedures for Transfers of Equity Securities, and (II) Establishing a Record Date for Notice and Sell-Down Procedures for Trading in Claims Against the Debtors’ Estate Filed by American Apparel, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit B) (Jones, Laura Davis) (Entered: 10/05/2015)

American Apparel, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 5, 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 15-12055. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to American Apparel, Inc. in the bankruptcy case.


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