American Apparel’s Chapter 11 Bankruptcy

Reuters, The Deal, etc.

"A court order that would approve a $30 million loan for American Apparel LLC should also grant unsecured creditors more time to investigate how the teen-focused retailer ended up in its second bankruptcy in just over a year, their committee said in court papers on Wednesday."

"American Apparel's Unsecured Creditors Call for New Loan Terms," Reuters

"American Apparel Tweaks Auction Schedule," The Deal

"American Apparel Litigation Trustee Wants New Ch. 11 Tossed," Law360

"American Apparel Unsecured Creditors Blast DIP Loan Details," Law360

"American Apparel Parties Close to ‘Global Resolution’ on Use of Cash Collateral, Liquidating Trustee’s MTD; Standard General Not Party to Negotiations," Reorg Research (subscription required)

"American Apparel's Ch. 11 Financing Gets Final OK," Law360

Related Contacts
Cathy Hershcopf Partner, New York
Seth Van Aalten Partner, New York
Michael Klein Special Counsel, New York