Using what one of the company’s attorneys said was a perfect recipe of give and take from all sides, True Religion Inc. has finished its reorganization plan just under six months after filing for Chapter 11 bankruptcy as a result of the COVID-19 pandemic.
It’s one of the first reorganizations wrapped up by any of the retail corporations that have filed for Chapter 11 in the District of Delaware as a result of the pandemic which has created extra hurdles for retailers to clear in the reorganization process, said Justin Alberto of Cole Schotz, which represented True Religion in the case.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]