New Delaware Chapter 11 Filing – American Apparel, Inc.

Cole Schotz
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American Apparel, Inc. (APP, NYSE) and five affiliates have filed chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware (lead case # 15-12055-BLS) and will seek approval of a pre-packaged plan of reorganization. The petition and consolidated list of top 30 creditors and the first day declaration, along with the docket, are available through GCG. The company has issued a press release discussing its bankruptcy filing.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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