Party City Holdco Inc.

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Case Number:

4:24-bk-90621

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

October 15, 2025
AlixPartners Earns $6M For Work On Party City Ch. 11

Consulting firm AlixPartners received a Texas bankruptcy court's approval Wednesday to be paid nearly $6.4 million in professional fees and expenses for its work as a restructuring advisor for insolvent party supply retailer Party City.
September 19, 2025
What's Happening In Bankruptcy Court This Coming Week

Desktop Metal, Ligado Networks and Bar Louie are seeking authorization of their Chapter 11 plans; Party City will ask for permission to use cash collateral in its bankruptcy case; and bowling chain Pinstripes will request approval of bidding procedures for an asset sale. These are some of the noteworthy hearings scheduled for next week.
September 02, 2025
Party City, Wag!, Diocese Of Syracuse Get Ch. 11 Plans OK'd

U.S. bankruptcy courts approved several major Chapter 11 plans: a Texas judge confirmed Party City's liquidation plan, Delaware approved Wag! Group's debt-to-equity restructuring, and New York approved the Diocese of Syracuse's $176 million sexual abuse settlement.
August 27, 2025
Judge Approves Party City's Ch. 11 Liquidation Plan

A Texas bankruptcy judge on Wednesday gave final confirmation to Party City's Chapter 11 liquidation plan, overruling an objection from the U.S. Trustee's Office, who argued that the plan improperly reduces administrative claims without clear evidence of consent and could violate the Bankruptcy Code.
August 22, 2025
What's Happening In Bankruptcy Court This Coming Week

In the coming week, bankruptcy courts will consider Wag!'s Chapter 11 plan and disclosure statement, Sunnova Energy's request for conditional approval of its disclosure and vote solicitation process, Party City's final disclosure statement, and Linqto Texas' request for approval of debtor-in-possession financing.
August 22, 2025
US Trustee Objects To Party City Plan To Nix Fees

Party City's proposal to pay unsecured creditors $1 million under its Chapter 11 liquidation plan has sparked an objection from the U.S. Trustee's Office, which has argued the arrangement would violate bankruptcy rules by attempting to let the debtor duck other obligations to administrative creditors.
August 21, 2025
Under The Radar: Bankruptcy News You May Have Missed

An appellate court dismissed an appeal California brought against 23andMe's bankruptcy sale after the parties agreed to end the case; Fannie Mae asked a New York bankruptcy judge to prevent the bankrupt owner of an apartment complex from using rent for Chapter 11 financing; and another New York bankruptcy judge ordered a law firm to return $30,000.
June 30, 2025
Monster.com Hits Ch. 11, Forever 21 Can Liquidate

The company behind Monster.com, a job search website, filed for bankruptcy relief with more than $100 million in liabilities, while Forever 21 received approval of its Chapter 11 liquidation plan and Party City secured a court's permission to send its liquidation plan out for a vote.
June 27, 2025
Party City To Send Liquidation Plan Out For Creditor Vote

A Texas bankruptcy judge on Friday gave Party City permission to send its liquidation plan out for a vote after the retailer agreed to give parties with claims racked up during the Chapter 11 case more time to opt out of proposed cuts to their recoveries.
June 20, 2025
What's Happening In Bankruptcy Court This Coming Week

Bankruptcy judges will consider Exela Technologies' Chapter 11 plan and disclosure statement, decide whether Party City can solicit creditor votes on its plan, rule on the roughly $7 million asset sale of Publishers Clearing House, and address second-day motions in Everstream Solutions' case.

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