Toys “R” Us, Inc. (“Toys R Us”) filed for protection under chapter 11 of the Bankruptcy Code in Richmond, Virginia as the toy retailer struggled to reorganize its debt amid increasing challenges from online retailers.
Ronald Page (http://rpagelaw.com) is a corporate bankruptcy attorney based in Richmond, Virginia available to represent creditors of the Toys R Us bankruptcy.
The hearings on the Toys R Us first day motions are scheduled for September 19, 2017 at 11:00 a.m. in the courtroom of Judge Phillips located in the U.S. Bankruptcy Court, U. S. Courthouse, 701 E. Broad St., Room 5100, Richmond, VA 23219. The first day motions of Toy R Us covered a variety of issues, but they did not address which of the Toy R Us locations would remain open. An integral part of any retail bankruptcy is the rejection of the leases of under performing locations. At this point, it is unknown which locations will remain open and which will close.
Bankruptcy petitions were also filed by affiliates of Toys R Us including:
17-34665 Toys “R” Us, Inc.
17-34660 Geoffrey Holdings, LLC
17-34666 Geoffrey International, LLC
17-34667 Geoffrey, LLC
17-34661 Giraffe Holdings, LLC
17-34662 Giraffe Junior Holdings, LLC
17-34663 MAP 2005 Real Estate, LLC
17-34664 Toys “R” Us – Value, Inc.
17-34668 Toys R Us (Canada) Ltd./Toys R Us (Canada) Ltee
17-34669 Toys “R” Us – Delaware Inc.
17-34672 Toys Acquisition, LLC
17-34671 Toys “R” Us Property Company II, LLC
17-34674 TRU Guam, LLC
17-34676 TRU of Puerto Rico, Inc.
17-34677 TRU Taj (Europe) Holdings, LLC
17-34678 TRU Taj Finance, Inc.
17-34679 TRU Taj Holdings 1, LLC
17-34680 TRU Taj Holdings 2 Limited
17-34681 TRU Taj Holdings 3, LLC
17-34682 TRU Taj LLC
17-34659 TRU-SVC, Inc.
17-34683 Wayne Real Estate Parent Company, LLC
17-34673 TRU Asia, LLC
17-34675 TRU Mobility, LLC
17-34670 Toys “R” Us Europe, LLC
Toys R Us seeks these cases to be jointly administered under its chapter 11 case numbered 17-34665-KLP. The bankruptcy case is to be presided over by Judge Keith Phillips. Proposed counsel for Toys R Us is the law firm of Kirkland & Ellis LLP.
With offices in Richmond, Virginia, Ronald Page, PLC has extensive experience representing secured and unsecured creditors in bankruptcy proceedings. Please contact Ronald Page, a Richmond Virginia Bankruptcy Attorney (http://rpagelaw.com), if you need assistance protecting your interests in the Toys R Us bankruptcy.
Ronald Page, PLC
PO Box 73524
Richmond, VA 23235