CENTRIC BRANDS INC. Bankruptcy Filing
Case Number: 20-22637
CENTRIC BRANDS INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on May 18, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-22637.
CENTRIC BRANDS INC. Filing Information
The bankruptcy petition for CENTRIC BRANDS INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. CENTRIC BRANDS INC. reports that the number of creditors is in the range of 25,001- 50,000.
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'.
CENTRIC 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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CENTRIC BRANDS INC. Docket Header
MEGA, CLMAGT, Lead, JtAdm, SchedF |
Southern District of New York (White Plains)
Bankruptcy Petition #: 20-22637-shl
Assigned to: Judge Sean H. Lane Chapter 11 Voluntary Asset |
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| Debtor Centric Brands Inc. 350 Fifth Avenue New York, NY 10118 WESTCHESTER-NY Tax ID / EIN: 11-2928178 fka Differential Brands Group Inc. fka Joes Jeans Inc. fka Innovo Group Inc. |
rep. by |
Gregg M. Galardi
Ropes & Gray LLP 1211 Avenue of the Americas New York, NY 10036 212-596-9000 Fax : 212-596-9090 Email: gregg.galardi @ ropesgray.com cristine pirro Ropes & Gray LLP 1211 Avenue of the Americas New York, NY 10036-8704 212-596-9635 Email: Cristine.Schwarzman @ ropesgray.com |
| U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |
rep. by |
Andrea Beth Schwartz
U.S. Department of Justice Office of the U.S. Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0539 Fax : (212) 668-2255 Email: andrea.b.schwartz @ usdoj.gov |
| Claims and Noticing Agent Prime Clerk LLC One Grand Central Place 60 East 42nd Street, Suite 1440 www.primeclerk.com New York, NY 10165 (212) 257-5450 |
rep. by |
Adam M. Adler
Prime Clerk LLC One Grand Central Place 60 East 42nd Street Suite 1440 New York, NY 10165 212-257-5465 Email: aadler @ primeclerk.com |
| Creditor Committee Official Committee of Unsecured Creditors of Centric Brands, Inc., et al. |
rep. by | Kristin K. Going
McDermott Will & Emery 340 Madison Avenue New York, NY 10173 212-547-5429 Fax : 212-547-5444 Email: kgoing @ mwe.com Timothy W. Walsh McDermott Will & Emery LLP 340 Madison Avenue New York, NY 10173 212-547-5868 Fax : 646-417-7680 Email: twwalsh @ mwe.com |