August 01, 2023
The founders of pet store chain Natural Pawz argued in Delaware federal bankruptcy court that they would have backed out of a deal with parent company Independent Pet Partners to buy 24 money-losing stores out of Chapter 11 had the bankrupt IPP not shown them false revenue figures.
June 29, 2023
Multichain pet care business Independent Pet Partners Holdings LLC got bankruptcy court approval Thursday for its Chapter 11 plan of liquidation, along with a warning from a Delaware bankruptcy court judge that "creative lawyering" about third-party releases was beginning to reach its limits.
May 17, 2023
A dispute over unsecured creditor options for rejecting Delaware Chapter 11 plan liability releases tangled up a disclosure statement hearing for bankrupt Independent Pet Partners Holdings LLC on Wednesday, with a judge observing that the issue has been coming up more often.
February 07, 2023
Pet care retailer Independent Pet Partners Holdings LLC's plans for a high-speed run through Chapter 11 in Delaware hit a speed bump Tuesday during its first bankruptcy court hearing, with the judge flagging a proposed shortening of time for creditor challenges of lender claims.
February 06, 2023
Multichain pet care business Independent Pet Partners Holdings LLC and a dozen affiliates hit Chapter 11 in Delaware, carrying more than $111 million in secured debt and planning a creditor-led stalking horse sale for 66 of the 159 stores in its current 12-state fleet.