BLUESTEM BRANDS, INC. Bankruptcy Filing
Case Number: 20-10566
BLUESTEM BRANDS, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on March 09, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-10566.
BLUESTEM BRANDS, INC. Filing Information
The bankruptcy petition for BLUESTEM BRANDS, INC. showed assets in the range of $500MM - $1B with liabilities in the range of $500MM - $1B. BLUESTEM BRANDS, INC. reports that the number of creditors is in the range of more than 100,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
BLUESTEM BRANDS, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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BLUESTEM BRANDS, INC. Docket Header
CLMSAGNT, SealedDoc(s), LEAD, CONFIRMED, MEGA |
District of Delaware (Delaware)
Bankruptcy Petition #: 20-10566-MFW
Assigned to: Mary F. Walrath Chapter 11 Voluntary Asset |
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| Debtor Bluestem Brands, Inc. 7075 Flying Cloud Drive Eden Prairie, MN 55344 HENNEPIN-MN Tax ID / EIN: 61-1425164 aka Fingerhut Direct Marketing, Inc. aka Northstar Merger Sub Inc. aka PayCheck Direct aka Fingerhut aka Gettington.com |
rep. by |
William E. Arnault
Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 312-862-2000 Fax : 312-862-2200 Email: william.arnault @ kirkland.com M. Blake Cleary Potter Anderson & Corroon LLP 1313 N. Market Street 6th Floor Wilmington, DE 19801 302-984-6000 Email: bcleary @ potteranderson.com Jaime Luton Chapman Young Conaway Stargatt & Taylor, LLP 1000 North King Street P.O. Box 391 Wilmington, DE 19899-0951 302-571-6600 Email: bankfilings @ ycst.com Alexander D. McCammon Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 (312) 862-2000 Email: alexander.mccammon @ kirkland.com Kevin McClelland Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 312862-2000 Email: kevin.mcclelland @ kirkland.com Joseph M Mulvihill Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 N. King Street Wilmington, DE 19801 302-571-6600 Email: bankfilings @ ycst.com Patrick J. Nash Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 312-862-2481 Fax : 312-862-2200 Email: patrick.nash @ kirkland.com Edward O. Sassower Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022 212-446-4800 Fax : 212-446-4900 Email: edward.sassover @ kirkland.com Brian E. Schartz Kirkland & Ellis LLP 609 Main Street Houston, TX 77002 713-835-3600 Fax : 713-835-3601 Email: brian.schartz @ kirkland.com Tricia L Schwallier Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 312-862-2000 Email: tricia.schwallier @ kirkland.com W. Benjamin Winger Kirkland & Ellis LLP 300 North LaSalle Chicago, IL 60654 TERMINATED: 06/04/2021 |
| U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
rep. by |
Richard L. Schepacarter
Office of the United States Trustee U. S. Department of Justice 844 King Street, Suite 2207 Lockbox #35 Wilmington, DE 19801 usa 302-573-6491 Fax : 302-573-6497 Email: richard.schepacarter @ usdoj.gov |
| Claims Agent Kroll Restructuring Administration LLC (formerly Prime Clerk LLC) 55 East 52nd Street 17th Floor New York, NY 10055 212-257-5450 |
rep. by |
Benjamin Joseph Steele
Kroll Restructuring Administration LLC (F/K/A Prime Clerk LLC) 55 East 52nd Street 17th Floor New York, NY 10055 212-257-5490 Email: bsteele @ primeclerk.com |
| Transcriber Reliable Companies Attn: Gene Matthews 1007 North Orange Street Suite 110 Wilmington, DE 19801 302-654-8080 TERMINATED: 04/29/2021 |
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| Creditor Committee Official Committee of Unsecured Creditors, Official Committee of Unsecured Creditors |
rep. by | GianClaudio Finizio
Bayard, P.A. 600 North King Street Suite 400 Wilmington, DE 19801 (302) 655-5000 Fax : 302-658-6395 Email: gfinizio @ bayardlaw.com Brya Michele Keilson Morris James LLP 500 Delaware Avenue, Suite 1500 P.O. Box 2306 Wilmington, DE 19801 302-888-6800 Fax : 302-571-1750 Email: bkeilson @ morrisjames.com Eric J. Monzo Morris James LLP 500 Delaware Avenue, Suite 1500 P.O. Box 2306 Wilmington, DE 19899-2306 (302) 888-5848 Fax : (302) 571-1750 Email: emonzo @ morrisjames.com Kelly Moynihan Kilpatrick Townsend & Stockton LLP The Grace Building 1114 Avenue of the Americas New York, NY 10036 (212) 775-8700 Fax : (212) 775-8800 Email: kmoynihan @ kilpatricktownsend.com David M. Posner Kilpatrick Townsend & Stockton LLP The Grace Building 1114 Avenue of the Americas New York, NY 10036 usa 212-775-8764 Fax : 212-658-9523 Email: dposner @ kilpatricktownsend.com |