Amazon Reseller's Ch. 11 Plan Heading For Creditor Vote

By Rick Archer · April 18, 2024, 2:38 PM EDT

A New Jersey bankruptcy judge on Thursday sent the Chapter 11 plan of Amazon reseller Thrasio Holdings out for a creditor vote, with the ballots due a week after a report...

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Bankruptcy Scorecard

Summary

Thrasio Holdings Inc., a consumer goods company that is one of Amazon's largest third-party sellers, announced Wednesday that it entered Chapter 11 bankruptcy in New Jersey with the aim of cutting nearly $500 million in debt while bringing in more capital.

Case Number

3:24-bk-11840

Judge

Christine M. Gravelle

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

Between $500 million and $1 billion

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Related Sections

Case Information

Case Title

Thrasio Holdings, Inc.

Case Number

3:24-bk-11840

Court

New Jersey

Nature of Suit

Date Filed

February 28, 2024

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