Franchise Group Lenders Want End To Debtor's Ch. 11 Rights

By Jeff Montgomery · November 21, 2024, 9:59 PM EST

Lenders of bankrupt retail-focused holding company Franchise Group Inc., including Pacific Investment Management Co. and private equity firm Irradiant Partners, have urged a Delaware bankruptcy judge to end holdco debtor Chapter...

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Bankruptcy Scorecard

Summary

The owner of the Vitamin Shoppe retail chain and other franchised businesses filed for Chapter 11 protection in November about a year after the company went private with the intent of reducing its operating expenses.

Case Number

1:24-bk-12480

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Documents

Related Sections

Case Information

Case Title

Franchise Group, Inc.

Case Number

1:24-bk-12480

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024

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