PARTY CITY HOLDCO INC. Bankruptcy Filing
Case Number: 24-90621
PARTY CITY HOLDCO INC. filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on December 21, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-90621.
PARTY CITY HOLDCO INC. Filing Information
The bankruptcy petition for PARTY CITY HOLDCO INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. PARTY CITY HOLDCO INC. reports that the number of creditors is in the range of 10,001-25,000.
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'.
PARTY CITY HOLDCO 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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PARTY CITY HOLDCO INC. Docket Header
LEAD, COMPLX, PlnDue, DsclsDue, COMPLX, DUPFILER |
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90621
Assigned to: Bankruptcy Judge Alfredo R Perez Chapter 11 Voluntary Asset |
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| Debtor Party City Holdco Inc. 100 Tice Blvd. Woodcliff Lake, NJ 07677 BERGEN-NJ Tax ID / EIN: 46-0539758 aka PC Topco Holdings, Inc. |
rep. by |
John F Higgins, IV
Porter Hedges LLP 1000 Main St, 36th Floor Houston, TX 77002 713-226-6000 Fax : 713-226-6248 Email: jhiggins @ porterhedges.com Michael Shane Johnson Porter Hedges LLP 1000 Main Street, 36th Floor Houston, TX 77002 713-226-6769 Fax : 713-226-6369 Email: sjohnson @ porterhedges.com Aaron J Power Porter Hedges LLP 1000 Main 36th Flr Houston, TX 77002 713-226-6000 Fax : 713-226-6231 Email: apower @ porterhedges.com |
| U.S. Trustee US Trustee Office of the US Trustee 515 Rusk Ave Ste 3516 Houston, TX 77002 |
rep. by |
Alicia Lenae Barcomb
DOJ-U.S. Trustee 515 Rusk Suite 3516 Houston, TX 77002 713-718-4661 Email: alicia.barcomb @ usdoj.gov Jana Smith Whitworth Office of United States Trustee 515 Rusk Street, Suite 3516 Houston, TX 77002 (713) 718-4650 Fax : (713) 718-4670 Email: jana.whitworth @ usdoj.gov |
| Creditor Committee Official Committee Of Unsecured Creditors |
rep. by | Theodore S. Heckel
Pachulski Stang Ziehl & Jones LLP 700 Louisiana Street, Suite 4500 Houston, TX 77002 713-691-9385 Email: theckel @ pszjlaw.com |