Christmas Tree Shops, LLC

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Case overview

Case Number:

1:23-bk-10576

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

State of Michigan

Sectors & Industries:

January 01, 2024
Retail Cases To Watch In 2024

A wide variety of cases are likely to keep retail industry attorneys busy in 2024, including high-profile antitrust actions against Amazon and Google, a growing number of greenwashing disputes, and skirmishes between major retailers and their increasingly unionized workforces.
August 31, 2023
Christmas Tree Shops' Workers — But Not Taxes — Get Paid

Christmas Tree Shops employees who worked during the discount retailer's last days are finally starting to get the wages they are owed, but payroll taxes have gone unpaid because of a "glitch," lawyers for the liquidating trustee said during a Delaware bankruptcy court hearing on Thursday.
August 16, 2023
Judge Rips Attys In Christmas Tree Shop Ch. 11 For Late Bills

A Delaware bankruptcy judge has converted discount retailer Christmas Tree Shops' bankruptcy to a Chapter 7 liquidation after excoriating the firms involved in the case for not ensuring employees and taxes were being paid.
July 11, 2023
Creditors Want Christmas Tree Shops Converted To Ch. 7

The official committee of unsecured creditors of bankrupt retailer Christmas Tree Shops LLC has asked a Delaware judge to convert the company's insolvency case to a Chapter 7 liquidation, saying the estate is diminishing in value without budgeting for administrative expenses.
July 07, 2023
Christmas Tree Ch. 11 Winds Down As Liquidation Proposed

The unsecured creditors of Christmas Tree Shops told a Delaware bankruptcy judge Friday they will be asking him to convert the retail chain's Chapter 11 bankruptcy to a Chapter 7 liquidation as the company begins shuttering its stores.
June 29, 2023
Christmas Tree Shops Gets Supplemental DIP After Default

A Delaware bankruptcy court Thursday approved an emergency supplemental debtor-in-possession financing agreement for Christmas Tree Shops after missing case milestones sent it into default on its existing DIP, overruling objections from the retailer's landlords who said they were getting squeezed.
May 31, 2023
Christmas Tree Shops Agrees To Rent Payment Escrow

Christmas Tree Shops got final approval Wednesday from a Delaware bankruptcy judge to take out $45 million in Chapter 11 financing after resolving objections from landlords concerned the retail chain had not budgeted enough cash to pay its rent.
May 09, 2023
Christmas Tree Shops Aiming For August Ch. 11 Exit

Christmas Tree Shops got interim permission from a Delaware bankruptcy judge Tuesday to tap into $45 million in Chapter 11 financing under conditions that will require the retail chain to aim to exit bankruptcy by the end of August.