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

On January 26, 2016, an 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 1228 and is described on the court’s official docket as follows:

Final Application for Compensation – Eighth Monthly and Final Application of Paul Hastings LLP, as Special Counsel to the Debtors, for Allowance of Compensation and Reimbursement of Expenses for the period (Monthly) October 1, 2015 through December 31, 2015 and for the Final Period from January 15, 2015 to December 31, 2015 Filed by Seal123, Inc.. Hearing scheduled for 3/7/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 2/16/2016. (Attachments: # (1) Notice # (2) Exhibit A – B) (Kandestin, Maris)

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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