Toy Co. KidKraft's $4M 'Lifeline' DIP Gets Nod

By Emlyn Cameron · May 13, 2024, 6:04 PM EDT

A Texas bankruptcy judge on Monday agreed to let toymaker KidKraft access $4 million of bankruptcy financing that its counsel called a "lifeline," once the debtor submits a revised version of...

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Bankruptcy Scorecard

Summary

Dallas toy company KidKraft Inc. filed for Chapter 11 protection in a Texas bankruptcy court, blaming economic headwinds and saying it has a prepackaged sale plan.

Case Number

8:24-bk-80045

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

$149.9 million

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Documents

Related Sections

Case Information

Case Title

KidKraft, Inc.

Case Number

8:24-bk-80045

Court

Texas Northern

Nature of Suit

Date Filed

May 10, 2024

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