David's Bridal files for bankruptcy and stays open. 'Orders will arrive on time,' it says
23 days ago - By Los Angeles Times
David's Bridal Inc. filed for bankruptcy with a plan to cut debt by more than $400 million and a deal with lenders that will keep stores open during a reorganization. The Chapter 11 filing in U.S. Bankruptcy Court in Delaware on Monday lists liabilities of more than $500 million and assets of more...
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David's Bridal Files for Bankruptcy and Plans to Stay Open
23 days ago - By Fortune
David's Bridal Inc. filed for bankruptcy with a plan to cut debt by more than $400 million and a deal with lenders that will keep stores open during a reorganization.
The Chapter 11 filing in U.S. Bankruptcy Court in Delaware on Monday listed liabilities of more than $500 million and assets of more than $100 million, according to the filing. The court-supervised restructuring allows the business to keep operating, and thus avoid the calamitous and sometimes tearful impact on brides that often accompanies the collapse of wedding retailers.
David's signed a restructuring support agreement...
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David's Bridal files for bankruptcy, says company will stay open for business
23 days ago - By WESH
Another bridal store has filed for bankruptcy, but assures customers the company says it will remain open for business.
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