Handbag Maker Scores Ch. 11 Relief To Keep Running Biz

By Emlyn Cameron · October 22, 2024, 6:12 PM EDT

A company that employs military spouses to make handbags can take steps to continue operating while it pursues a Chapter 11 reorganization in the wake of manufacturing delays and advertising complications...

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Bankruptcy Scorecard

Summary

R. Riveter LLC, which employs military spouses to make handbags, entered bankruptcy to pursue a Chapter 11 reorganization in the wake of manufacturing delays and advertising complications that cut into its revenues.

Case Number

24-12378

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Around $1.1 million in debt.

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Documents

Declaration