Ritz Camera & Image, L.L.C.

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Case Number:

1:12-bk-11868

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. January 15, 2013

    Ritz Camera Heads To Ch. 7 After Failing To Sell Assets

    A Delaware bankruptcy judge on Tuesday approved Ritz Camera & Image LLC's conversion from a Chapter 11 case into a Chapter 7 bankruptcy, clearing the erstwhile camera giant to appoint a trustee to liquidate its remaining assets following its failed attempts to find a way back to solvency.

  2. December 18, 2012

    Ritz Camera Asks For Conversion From Ch. 11 To Ch. 7

    Ritz Camera & Image LLC asked a Delaware court on Thursday to convert its Chapter 11 bankruptcy protection to a Chapter 7 bankruptcy, which will effectively end the nation's largest specialty camera chain just five years shy of its centennial.

  3. September 10, 2012

    Ritz Camera Enters Liquidation After Failing To Find Buyer

    A Delaware bankruptcy court on Monday approved the liquidation of Ritz Camera & Image LLC after the photographic retailer, involved in its second tour through Chapter 11, failed to drum up interest in the company as a going concern.

  4. July 30, 2012

    Ritz Camera's Auction Schedule Wins Green Light

    A Delaware bankruptcy court approved bidding procedures for Ritz Camera & Image LLC on Monday, paving the way for the bankrupt photographic retailer to market a streamlined version of itself as it attempts to escape Chapter 11 for a second time.

  5. July 23, 2012

    Ritz Landlords Cry Foul Over Speedy Bidding Process

    Groups of landlords and property managers lodged six separate objections Monday opposing the bidding procedures proposed by bankrupt Ritz Camera & Image LLC, claiming the accelerated schedule provides little time to properly assess potential purchasers.

  6. July 17, 2012

    Ritz Camera, Creditors Agree On Amended $20M DIP

    A Delaware bankruptcy judge gave final approval Tuesday to Ritz Camera & Image LLC's $20 million debtor-in-possession financing after the bankrupt retailer and its creditors amended the agreement to better preserve the administrative solvency of the estate while it seeks a buyer.

  7. July 09, 2012

    Bankrupt Ritz Camera Seeks Stalking Horse Bid

    Bankrupt Ritz Camera & Image LLC is seeking a stalking horse bidder as it looks to auction itself as a going concern by early September, according to documents the company filed Friday in Delaware bankruptcy court.

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