Former BL Stores, Inc.

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Case Number:

1:24-bk-11967

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

October 09, 2025
Big Lots Gets OK For $6.5M Deal On Exec Claims

A Delaware bankruptcy judge on Thursday approved a $6.5 million settlement between retail chain Big Lots and its directors and officers, resolving claims by unsecured creditors that the company's board bungled an attempt to sell the company last year.
September 19, 2025
Big Lots Creditors Reach Deal On Exec Claims

Retail chain Big Lots and its unsecured creditors committee have asked the Delaware bankruptcy court to approve a $6.5 million settlement of claims alleging the company's board bungled a going-concern sale last year, in addition to other breaches of fiduciary duty.
August 11, 2025
Claire's Starts Store Sales, Linqto Defeats Venue Transfer Bid

Jewelry company Claire's announced it would launch store closing sales after seeking bankruptcy protection for the second time in less than a decade. Meanwhile, a judge gave the Archdiocese of New Orleans one last chance to secure confirmation of a Chapter 11 plan, and Linqto managed to keep its bankruptcy case in Texas.
August 06, 2025
Big Lots, Gordon Bros. Strike Deal Over HQ Sale Funds

Liquidating retailer Big Lots told a Delaware bankruptcy judge that it has reached a deal with Gordon Brothers Retail Partners after the consulting firm said it was owed the first $10 million from the $36 million sale of Big Lots' corporate headquarters in Ohio.
July 10, 2025
Under The Radar: Bankruptcy News You May Have Missed

A creditor of bankrupt event venue The Chariot objected to the company's disclosure statement, saying it lacks details on how the creditor's secured claim will be treated. Meanwhile, Pride Funding, a lender to companies owned by celebrity house flippers Jennifer and Cesar Pina, urged a New Jersey court to deny their use of cash collateral. And Big Lots Inc. is trying to extend for the third time its exclusive window to file a Chapter 11 plan.
June 02, 2025
Big Lots Owes $10M For HQ Sale In Ch. 11, Gordon Bros. Says

Gordon Brothers Retail Partners has asked a Delaware bankruptcy judge to enforce a sale order in the Chapter 11 case of liquidating retailer Big Lots, saying the debtor needs to turn over the first $10 million from the $36 million sale of the company's corporate headquarters in Ohio.
February 26, 2025
Judge To OK Sale-Leaseback Of Big Lots HQ In Ch. 11

A Delaware bankruptcy judge Wednesday agreed to allow discount retail chain Big Lots to sell its Ohio headquarters to hospital operator OhioHealth Corp. for $36 million and lease it back from the buyer until it wraps up its operations.
February 06, 2025
Big Lots Seeks Approval To Sell Corporate HQ For $36M

Bankrupt discount retail chain Big Lots is asking a Delaware bankruptcy judge for permission to sell its Ohio headquarters to hospital operator OhioHealth Corp. for $36 million a month after closing a deal to sell off nearly all of its other assets.
January 02, 2025
Bankruptcy News You May Have Missed Over The Holiday

The Fifth Circuit sided with a group of lenders left out of a so-called uptier refinancing deal with mattress seller Serta Simmons, reversing a bankruptcy court's ruling in a closely watched case on liability management transactions; Purdue Pharma secured a one-month extension as its creditors and members of the Sackler family try to reach a settlement in mediation; and retail chain Big Lots reached an eleventh-hour deal to sell some of its stores and thwart a total liquidation.
December 19, 2024
Big Lots To Close All Stores After Ch. 11 Sale Falls Through

Bankrupt discount retail chain Big Lots told a Delaware bankruptcy court Thursday that it will close its 870 remaining stores in the United States and initiate going-out-of-business sales starting Friday, after its $760 million deal for a going-concern sale to California private equity group Nexus Capital Management fell through.

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