Pacific Sunwear of California, Inc. (Nasdaq: PSUN) and two of its affiliates have commenced cases (Lead Case No. 16-10882 (LSS)) under Chapter 11 of the Bankruptcy Code before the U.S. Bankruptcy Court for the District of Delaware. The Honorable Laurie Selber Silverstein will preside over these cases. The debtors have filed a proposed disclosure statement and chapter 11 plan of reorganization and are seeking approval of debtor-in-possession financing. The petitions (including consolidated list of top 40 creditors), first day declaration and dockets are available through Prime Clerk. The debtors have published a press release regarding their reorganization.
Contact Norman L. Pernick, Nicholas J. Brannick, or David W. Giattino for more information.