Case Background

On March 10, 2014, Ashley Stewart Holdings, Inc. and three affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey.  The Debtors' cases are pending before the Honorable Michael B. Kaplan and are jointly administered under Case No. 14-14383.

Important Information & Dates

Bar Date for Filing Proofs of Claim

The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:

  • General Bar Date (including Administrative Claims): July 15, 2014
  • Governmental Unit Bar Date: September 7, 2014 

Click on "Submit a Claim" above to view and download the Bar Date Notice, a sample proof of claim form and for more information regarding filing a proof of claim against the Debtors.

Asset Sale

On March 28, 2014, the Debtors filed a motion (the "Bidding Procedures Motion") to establish bidding procedures in connection with the sale of substantially all of the Debtors' assets.  No Qualified Bids (as that term is defined in the Bidding Procedures Motion) were received on or before April 15, 2014, at 5:00 p.m. (prevailing Eastern Time).  As a result, the auction with respect to all or some of the Debtors' assets did not go forward and the sale closed on April 24, 2014.

Please click below to view all documents related to the Debtors' asset sale:

Sale Documents

 

Dates

February
8

Omnibus Hearing

11:00 A.M. (ET)
March
10
_______
March
11
11:00 a.m. (ET)
April
22
1:00 p.m.

Parties

Debtors' Counsel

Curtis, Mallet-Prevost, Colt & Mosel LLP

101 Park Avenue
New York, NY   10178-0061
http://www.curtis.com/
Phone: 212.696.6000
Fax: 212.697.1559
Steven J. Reisman
Cindi M. Giglio
Bryan M. Kotliar

Cole, Schotz, Meisel, Forman & Leonard P.A.

Court Plaza North
25 Main Street
Hackensack, NJ   07601
http://www.coleschotz.com/
Phone: 201.489.3000
Fax: 201.489.1536
Michael D. Sirota
Ilana Volkov

Debtors' Restructuring Advisors

PriceWaterhouseCoopers LLP

300 Madison Avenue
New York, NY   10017-6204
http://www.pwc.com/us/en/transaction-services/restructuring-recovery.jhtml
Phone: 646.471.7589
Fax: 813.286.6000
Perry Mandarino

United States Trustee and Court Information

United States Trustee

Office of the United States Trustee
One Newark Center
1085 Raymond Blvd, Suite 2100
Newark, NJ   07102
http://www.justice.gov/ust/r03/newark/index.htm
Phone: 973.945.3014
Fax: 973.645.5993
Donald F. McMaster
Peter J. D'Auria
Benjamin Teich

United States Bankruptcy Court

District of New Jersey
50 Walnut Street 3rd Fl
Newark, NJ   07102
http://www.njb.uscourts.gov/
Phone: 973.645.4764


Counsel to Creditors' Committee

Pachuslki Stang Ziehl & Jones LLP

780 Third Avenue, 36th Floor
New York, NY   10017
http://www.pszjlaw.com/
Phone: 212.561.7700
Fax: 212.561.7777
Robert J. Feinstein
Bradford J. Sandler

Debtors

Case Number
Debtor Name
Petition Date
14-14383 Ashley Stewart Holdings, Inc. March 10, 2014
14-14384 New Ashley Stewart, Inc. March 10, 2014
14-14385 AS IP Holdings, Inc. March 10, 2014
14-14386 NAS Gift LLC March 10, 2014