💥New Chapter 11 Bankruptcy - Express Inc. ($EXPR)💥
600-store retailer has 30 days to negotiate going concern, or liquidate
On April 22, 2024, OH-based Express Inc. ($EXPR) and 11 affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Owens). You can find our coverage on the name here…
…and here:
Company Professionals:
Legal: Kirkland & Ellis LLP (Joshua Sussberg, Emily Geier, Nicholas Adzima, Charles Sterrett, Robert Diehl) and Klehr Harrison Harvey Branzburg LLP (Domenic Pacitti, Michael Yurkewicz, Alyssa Radovanovich)
Independent Director: William Transier
Financial Advisor: M3 Advisory Partners LP (Kunal Kamlani, Mohsin Meghji)
Investment Banker: Moelis & Company LLC (Adam Keil, Perry Hall)
Real Estate Advisor: A&G Realty Partners
Liquidator: Hilco Merchant Resources LLC
Communications Advisor: Joele Frank
Claims Agent: Stretto (Click here for free docket access)
Other Parties in Interest:
ABL Admin Agent: Wells Fargo Bank NA
Legal: Goldberg Kohn Ltd. (Randall Klein, Dimitri Karcazes, Keith Radner, Eva Gadzheva) and Richards Layton & Finger PA (John Knight, Paul Health, Alexander Steiger)
FILO Agent: ReStore Capital LLC
Legal: Ropes & Gray LLP (Gregg Galardi, Stephen Iacovo) and Chipman Brown Cicero & Cole LLP (Mark Desgrosseilliers)
Hilco Merchant Resources, LLC
Legal: Chipman Brown Cicero & Cole LLP (Mark Desgrosseilliers)
WHP Global
Legal: Wachtell Lipton Rosen & Katz (Joshua Feltman, Benjamin Arfa) and Morris Nichols Arsht & Tunnell LLP (Derek Abbott)
Investment Banker: PJT Partners LP
Brookfield
Legal: Kelley Drye & Warren LLP