FRANCHISE GROUP, INC. Bankruptcy Filing

Case Number: 24-12480

FRANCHISE GROUP, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on November 03, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-12480.

FRANCHISE GROUP, INC. Filing Information

The bankruptcy petition for FRANCHISE GROUP, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. FRANCHISE GROUP, INC. reports that the number of creditors is in the range of 50,001-100,000.

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'.

FRANCHISE GROUP, 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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FRANCHISE GROUP, INC. Docket Header

APPEAL, SealedDoc(s), LEAD, MEGA, STANDOrder, CLMSAGNT




U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 24-12480-JTD

Assigned to: Chief Bankruptcy Jud John T Dorsey
Chapter 11
Voluntary
Asset


Date filed:  11/03/2024
341 meeting:  12/13/2024
Deadline for filing claims:  01/23/2025

Debtor
Franchise Group, Inc.
109 Innovation Court
Suite J
Delaware, OH 43015
DELAWARE-OH
Tax ID / EIN: 27-3561876
aka Liberty Tax, Inc.

rep. by Shella Borovinskaya
Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
302-571-6600
Email:
 sborovinskaya @ ycst.com

Joseph R. Brandt
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 jbrandt @ willkie.com

James C Dugan
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 jdugan @ willkie.com

Betsy Lee Feldman
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Fax : 212-728-8111
Email:
 bfeldman @ willkie.com

Matthew A. Feldman
Willkie Farr & Gallagher
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 mfeldman @ wisllkie.com

Jessica D. Graber
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Fax : 212-728-8111
Email:
 jgraber @ willkie.com

Yara Kass-Gergi
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 ykass-gergi @ willkie.com

Marine Loison
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 mloison @ wilkie.com

Stuart R. Lombardi
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019-6099
212-728-8000
Email:
 slombardi @ willkie.com

Kristin L McElroy
Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
302-571-6600
Email:
 KMcElroy @ ycst.com

Allison S Mielke
Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
302.571.6600
Fax : 302.571.1253
Email:
 amielke @ ycst.com

Edmon L. Morton
Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
302 571-6600
Fax : 302-571-1253
Email:
 emorton @ ycst.com

Debra McElligott Sinclair
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 dsinclair @ willkie.com

Brady Sullivan
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
212-728-8000
Email:
 bsullivan @ willkie.com

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 Timothy Jay Fox, Jr.
Office of the United States Trustee
U. S. Department of Justice
844 King Street, Suite 2207
Lockbox #35
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email:
 timothy.fox @ usdoj.gov

Claims Agent
Kroll Restructuring Administration LLC
www.kroll.com/kra
1 World Trade Center
31st Floor
New York, NY 10007

rep. by Benjamin Joseph Steele
Kroll Restructuring Administration LLC
(F/K/A Prime Clerk LLC)
850 Third Avenue
Suite 412
Brooklyn, NY 11232
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

   
Creditor Committee
Committee of Unsecured Creditors

   
Creditor Committee
OFFICIAL COMMITTEE OF UNSECURED CREDITORS
rep. by Gregory V. Demo
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 34th Floor
New York, NY 10017
212-561-7730
Fax : 212-561-7777
Email:
 gdemo @ pszjlaw.com

Jeffrey M Dine
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 34th Floor
New York, NY 10017-2024
212-561-7735
Fax : 212-480-8421
Email:
 jdine @ pszjlaw.com

Robert J. Feinstein
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue
34th Floor
New York, NY 10017
212-561-7700
Fax : 212-561-7777
Email:
 rfeinstein @ pszjlaw.com

Theodore S. Heckel
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 34th Floor
New York, NY 10017
212-561-7700
Fax : 212-561-7777
Email:
 theckel @ pszjlaw.com

Alan J. Kornfeld
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 34th Floor
New York, NY 10017
212-561-7700
Fax : 212-561-7777
Email:
 akornfeld @ pszjlaw.com

Beth E. Levine, Esq.
PACHULSKI STANG ZIEHL & JONES LLP
780 Third Avenue
34th Floor
New York, NY 10017-2024
212-561-7720
Fax : 212-561-7777
Email:
 blevine @ pszjlaw.com

Colin R. Robinson
Pachulski Stang Ziehl & Jones LLP
919 North Market Street
17th Floor
Wilmington, DE 19801
302-652-4100
Fax : 302-562-4400
Email:
 crobinson @ pszjlaw.com

Bradford J. Sandler
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street, 17th Floor
Wilmington, DE 19801
302-468-7750
Fax : 302-652-4400
Email:
 bsandler @ pszjlaw.com

James W. Walker
Pachulski Stang Ziehl & Jones LLP
700 Louisiana Street, Suite 4500
Houston, TX 77002
713-691-9385
Email:
 jwalker @ pszjlaw.com

Hayley R. Winograd
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 34th Floor
New York, NY 10017-2024
212-561-7732
Email:
 hwinograd @ pszjlaw.com

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