Candy Retail Chain Lolli & Pops Opens Ch. 11 In Del.

Law360 (August 13, 2019, 7:15 PM EDT) -- The parent companies of California-based candy retail chain Lolli & Pops have filed for Chapter 11 protection in Delaware bankruptcy court, saying the decline of traditional retail sales has left them without the cash to pay their suppliers or landlords.

Mishti Holdings LLC and Meetha Ventures LLC filed their petition late Monday, and by Tuesday were asking the court for emergency approval of a $7 million debtor-in-possession financing package, saying last week they were locked out of eight of their remaining 69 stores nationwide because of unpaid rent.

“In the absence of the post-petition financing, the orderly reorganization of the debtors’...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS