Case Background

On September 14, 2016 Golfsmith International Holdings, Inc. and 12 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 Delaware.  The cases are pending before the Honorable Laurie Selber Silverstein and are jointly administered under Case No. 16-12033.

Simultaneously with the commencement of these chapter 11 cases, Golfsmith’s non-Debtor Canadian affiliates operating as Golf Town have commenced a proceeding (the “CCAA Proceeding”) under the Companies’ Creditors Arrangement Act (the “CCAA”) in the Ontario Superior Court of Justice (Commercial List) in Canada.  For further information regarding the CCAA Proceeding, please visit the CCAA Monitor’s website at http://cfcanada.fticonsulting.com/GolfTown

Important Information & Dates

First Day Motions and Orders

A hearing on the Debtors' First Day Motions was held on September 15, 2016 at 2:30 p.m. (ET) before the Honorable Laurie Selber Silverstein, United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 6th Floor, Courtroom 2, Wilmington, Delaware 19801.  A final hearing on certain of the First Day Motions was held on October 13, 2016 at 2:30 p.m. (ET).  Please click below to view and download the Debtors' First Day Motions and First Day Orders:

First Day Motions

First Day Orders

 

Asset Sale

On September 14, 2016, the Debtors filed a motion to sell substantially all of their assets. On October 6, 2016, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale.  The Bankruptcy Court held a hearing to consider approval of the sale on October 24, 2016 and an order approving the sale of all or substantially all of the Debtors' assets was entered on November 2, 2016.  Click below to view the Sale Documents:

Sale Documents

 

 

Dates

September
14

Petition Date

___________
September
25

Omnibus Hearing

11:30 AM (ET)
October
25

Omnibus Hearing

11:00 AM (ET)
October
13
2:30 PM (ET)

Final Hearing on First Day Motions

Parties

Debtors' Counsel

Weil, Gotshal & Manges LLP

767 Fifth Avenue
New York, NY   10153
http://www.weil.com
Phone: 212.310.8000
Fax: 212.310.8007
Michael F. Walsh
David N. Griffiths
Charles M. Persons

Richards, Layton & Finger, P.A.

One Rodney Square
920 North King Street
Wilmington, DE   19801
http://www.rlf.com/
Phone: 302.651.7700
Fax: 302.651.7701
Mark D. Collins
John H. Knight
Zachary I. Shapiro
Brett M. Haywood

United States Trustee and Court Information

Office of the United States Trustee

844 King Street, Suite 2207
Wilmington, DE   19801
http://www.justice.gov/ust/r03/wilmington/index.htm
Phone: 302.573.6491
Fax: 302.573.6497
Jane Leamy, Esq.

United States Bankruptcy Court

District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE   19801
http://www.deb.uscourts.gov
Phone: 302.252.2900


Debtors

Case Number
Debtor Name
Petition Date
16-12033 Golfsmith International Holdings, Inc. September 14, 2016
16-12034 GMAC Holdings, LLC September 14, 2016
16-12035 Golf Town USA Holdco Limited September 14, 2016
16-12036 Golf Town USA Holdings Inc. September 14, 2016
16-12037 Golf Town USA, LLC September 14, 2016
16-12038 Golfsmith 2 GP, L.L.C. September 14, 2016
16-12039 Golfsmith Europe, L.L.C. September 14, 2016
16-12040 Golfsmith Incentive Services, L.L.C. September 14, 2016
16-12041 Golfsmith International, Inc. September 14, 2016
16-12042 Golfsmith International, L.P. September 14, 2016
16-12043 Golfsmith Licensing, L.L.C. September 14, 2016
16-12044 Golfsmith NU, L.L.C. September 14, 2016
16-12045 Golfsmith USA, L.L.C. September 14, 2016