Morris Nichols Bankruptcy Alert - Diesel USA Inc. Files Chapter 11 Bankruptcy Case in Delaware
On March 5, 2019, Diesel USA Inc. filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filing below.
Lead Case No. – 19-10432.
Debtor – Diesel USA Inc.
Description of Debtor – Fashion Retailer.
Website of Debtor (URL) – https://shop.diesel.com.
Assigned Judge – The Honorable Mary F. Walrath.
Proposed Counsel – The Debtor's proposed bankruptcy co-counsel are Arent Fox LLP and Young, Conaway, Stargatt & Taylor, LLP.
Proposed CRO – Mark Samson of Getzler Henrich & Associates LLC.
Plan Status – The Debtor has indicated that a plan of reorganization is expected to be filed on the Petition Date.
First Day Hearing – A first day hearing has been scheduled for March 6, 2019 at 2:00 p.m. ET.
Bankruptcy Documents –
Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.