Thrasio Holdings, Inc.

  1. June 10, 2024

    Amazon Reseller Gets OK For Ch. 11 Plan After Creditor Deal

    A New Jersey bankruptcy judge said Monday she would approve an Amazon reseller's Chapter 11 plan, following an agreement reached to create a trust that would pursue claims against former company executives and share the proceeds with unsecured creditors.

  2. April 18, 2024

    Amazon Reseller's Ch. 11 Plan Heading For Creditor Vote

    A New Jersey bankruptcy judge on Thursday sent the Chapter 11 plan of Amazon reseller Thrasio Holdings out for a creditor vote, with the ballots due a week after a report on potential claims against company insiders is filed.

  3. April 10, 2024

    Creditors Ask For Time To Look At Amazon Seller's Books

    Unsecured creditors of Thrasio Holdings asked a New Jersey bankruptcy judge to slow the pace of the Amazon reseller's Chapter 11 case, saying they need to investigate how the company lost billions in the midst of an e-commerce boom.

  4. March 01, 2024

    Amazon Seller Can Tap DIP Funds, Aims For Quick Ch. 11

    A New Jersey bankruptcy judge allowed Amazon aggregator Thrasio Holdings Inc. to tap into $35 million of its $360 million post-petition financing package on Friday, over objections from a bankruptcy watchdog, and approved other measures that will allow the third-party seller to continue hawking pillows, cocktail shakers, hiking poles and hundreds of other goods online through its Chapter 11 case.

  5. February 29, 2024

    Amazon Seller Thrasio Seeks $360M DIP Facility In Ch. 11

    Thrasio Holdings Inc., which aggregates third-party brands for sale on Amazon, has urged a New Jersey bankruptcy court to sign off on an agreement the company struck with lenders to finance the consumer goods business' Chapter 11 case to the tune of $360 million.

  6. February 28, 2024

    Major Amazon Seller Thrasio Enters Ch. 11 To Cut $500M Debt

    Thrasio Holdings Inc., a consumer goods company that is one of Amazon's largest third-party sellers, announced Wednesday that it entered Chapter 11 bankruptcy in New Jersey with the aim of cutting nearly $500 million in debt while bringing in more capital.