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Franchise Group Can Keep Exclusive Control Of Its Ch. 11

By Clara Geoghegan · December 17, 2024, 8:55 PM EST

A Delaware bankruptcy judge on Tuesday denied a motion to end the plan exclusivity window and other bankruptcy rights for debtors in Franchise Group Inc.'s Chapter 11, saying possible intercompany claims...

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Bankruptcy Scorecard

Summary

The owner of the Vitamin Shoppe retail chain and other franchised businesses filed for Chapter 11 protection in November about a year after the company went private with the intent of reducing its operating expenses.

Case Number

1:24-bk-12480

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Related Sections

Case Information

Case Title

Franchise Group, Inc.

Case Number

1:24-bk-12480

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024

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