Party City is going out of business, files for Chapter 11 bankruptcy
Dec 21, 2024 · Party City, which operated about 750 stores, had filed for Chapter 11 bankruptcy in January 2023 and emerged from the process in October 2023 with $1 billion less in debt. It also named a new...
Party City to close all stores in bankruptcy | Retail Dive
Dec 23, 2024 · Party City on Saturday filed for Chapter 11 bankruptcy protection in the Southern District of Texas. The party supplies specialist also announced it will close its entire footprint, which at...
PCHI to Commence Wind Down of Party City Stores and …
Dec 21, 2024 · To accomplish an orderly wind down in the most efficient manner and to maximize value for the benefit of the Company’s stakeholders, PCHI and certain of its subsidiaries voluntarily filed Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Party City going out of business closing all stores in Delaware, US
Dec 23, 2024 · Party City is going out of business after the retailer filed for Chapter 11 bankruptcy. The New Jersey-based chain made the filing Saturday in the U.S. Bankruptcy Court for the Southern District ...
Party City closings: Here's the fate of Louisville store - USA TODAY
Dec 23, 2024 · Party City, which operated about 750 stores, had filed for Chapter 11 bankruptcy in January 2023 and emerged from the process in October 2023 with $1 billion less in debt. It also named a new CEO ...
Party City files for bankruptcy | CNN Business
Dec 21, 2024 · The nation’s largest party supply chain said in a statement that filing for Chapter 11 bankruptcy would “maximize value” for its stakeholders and close in the “most efficient manner.”
Party City Files for Bankruptcy, to Shut Down 700 Stores - Inc.com
Dec 21, 2024 · Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection for the second time in two years as it plans to wind down its retail and wholesale ...
Retailer Party City files for bankruptcy, will wind down 700 stores
Dec 21, 2024 · The company along with certain of its subsidiaries filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. In a filing with the court, Party City Holdco listed both ...
Party City set to exit bankruptcy with $1 billion debt reduction
Sep 6, 2023 · A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which will cancel about $1 billion in company debt and turn all of its equity value over to...
Party City to close its stores as company files for bankruptcy
Dec 23, 2024 · Party City also filed for Chapter 11 bankruptcy protection in January 2023. That move allowed for a restructuring that eliminated nearly $1 billion in debt.