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

On October 6, 2015, an order regarding the 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 67 and is described on the court’s official docket as follows:

Order [INTERIM] (I) Establishing Notice and Objection Procedures for Transfers of Equity Securities, (II) Establishing a Record Date for Notice and Sell-Down Procedures for Trading in Claims Against the Debtors’ Estates and (III) Scheduling a Final Hearing (Related Doc # [16]). Signed on 10/6/2015. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Exhibit 4 # (5) Exhibit 5 # (6) Exhibit 6) (SJS)

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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