Gemstone Solutions Group, Inc. (f/k/a Gymboree Group, Inc.)

Case No. 19-30258


Case Background

On January 16, 2019, Gymboree Group, Inc. and 10 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 Eastern District of Virginia (Richmond Division).  The cases are pending before the Honorable Keith L. Phillips, and are jointly administered under Case No. 19-30258.

On January 17, 2019, Gymboree, Inc. filed a Notice of Intention to Make a Proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act (Canada) (the “Canadian Proceedings”).  The Canadian Proceedings have been assigned Court No. 31-2464088 by the Office of the Superintendent of Bankruptcy Canada.

Norton Rose Fulbright Canada LLP is counsel to Gymboree Canada. KPMG Inc. is acting as Proposal Trustee and is represented by Osler, Hoskin & Harcourt LLP.

Additional information regarding the Canadian proceedings of Gymboree, Inc. under the BIA will be available on the website of KPMG Inc., as Proposal Trustee: home.kpmg/ca/gymboree, or by calling (416) 777-3520 or (833) 467-5379, or by sending an email to gymboree@kpmg.ca.

Gymboree Group intends to use these proceedings to facilitate an orderly wind-down of all of its Gymboree® and Crazy 8® store locations and operations, while continuing to pursue a going-concern sale of its Janie and Jack® business and a sale of the intellectual property and online platform for Gymboree®.

Important Information & Dates

Customer FAQs

Please click on the link below for Frequently Asked Questions for Customers.

Customer FAQs

Asset Sale

On January 17, 2019, the Debtors filed a motion to sell substantially all of their assets. On January 17, 2019, the Bankruptcy Court entered an order approving bidding and auction procedures in connection with such sale.  On March 2, 2019, the Debtors filed the Notice of Successful Bidders, Sale Hearing, and Adjournment of the Adequate Assurance Objection Deadline.  On March 4, 2019, the Bankruptcy Court entered an order authozing the sale.

Notice of Successful Bidders

Sale Documents

Deadlines to File Claims

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

• General Bar Date: March 15, 2019, at 5:00 p.m. (ET)

• Governmental Unit Bar Date: July 15, 2019, at 5:00 p.m. (ET)

• Administrative Claims Bar Date: August 24, 2019, at 5:00 p.m. (ET)

Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.

Debtors Hearing on First Day Motions

A hearing on the Debtors' First Day Motions was held on January 17, 2019 at 11:00 a.m. (ET) before the Honorable Keith L. Phillips, United States Bankruptcy Court for the Eastern District of Virginia (Richmond Division), Courtroom 5100, 701 East Broad Street, Richmond, Virginia, 23219.  A final hearing on certain of the First Day Motions was held on February 15, 2019 at 4:00 p.m. prevailing Eastern Time.  Please click below to view and download the First Day Motions and the First Day Orders:

First Day Motions

First Day Orders


Dates

December 16 2019 Omnibus Hearing 1:00 p.m. (ET) Statement Noti... Add to Calendar
+ SHOW ALL DATES
January 16 2019 __
January 17 2019 11:00 a.m. (ET)
February 14 2019 1:00 p.m. (ET)
February 15 2019 10:00 a.m. (ET)
February 15 2019 10:00 a.m. (ET)
Final Hearing on First Day Motions First Day Orders Add to Calendar
March 1 2019 9:00 a.m. (ET)
March 4 2019 2:00 p.m. (ET)
March 15 2019 5:00 p.m. (ET)
April 11 2019 10:00 a.m. (ET)
May 1 2019 1:00 p.m. (ET)
May 30 2019 1:00 p.m. (ET)
June 20 2019 1:00 p.m. (ET)
July 15 2019 5:00 p.m. (ET)
July 24 2019 1:00 p.m. (ET)
August 12 2019 1:00 p.m. (ET)
August 24 2019 5:00 P.M. (ET)
September 16 2019 1:00 p.m. (ET)
October 16 2019 1:00 p.m. (ET)
November 14 2019 10:00 a.m. (ET)
December 16 2019 1:00 p.m. (ET)

Parties

Debtors' Counsel

  • Milbank LLP

    55 Hudson Yards
    New York, NY   10001
    https://www.milbank.com/en/
    Phone: 212.530.5000
    Fax: 212.530.5219

    Dennis F. Dunne, Esq.
    Evan R. Fleck, Esq.
    Michael W. Price, Esq.

  • Kutak Rock LLP

    901 East Byrd Street, Suite 1000
    Richmond, VA   23219-4071
    http://www.kutakrock.com/
    Phone: 804.644.1700
    Fax: 804.783.6192

    Michael A. Condyles, Esq
    Peter J. Barrett, Esq.
    Jeremy S. Williams, Esq.
    Brian H. Richardson, Esq.

United States Trustee and Court Information

  • United States Bankruptcy Court

    Eastern District of Virginia (Richmond Division)
    701 East Broad Street, Suite 4000
    Richmond, VA   23219
    http://www.vaeb.uscourts.gov
    Phone: 804.916.2400

  • Office of the United States Trustee

    Eastern District of Virginia (Richmond Division)
    701 East Broad Street, Suite 4304
    Richmond, VA   23219
    http://www.justice.gov/ust/r04/richmond/index.htm
    Phone: 804.771.2310
    Fax: 804.771.2330

Proposal Trustee

Debtors

Case Number Debtor Name Petition Date
Case Number 19-30258 Debtor Name Gemstone Solutions Group, Inc. Petition Date January 17, 2019
Case Number 19-30252 Debtor Name Gymboree Intermediate Corporation Petition Date January 17, 2019
Case Number 19-30257 Debtor Name Gymboree Holding Corporation Petition Date January 17, 2019
Case Number 19-30253 Debtor Name Gymboree Wholesale, Inc. Petition Date January 17, 2019
Case Number 19-30254 Debtor Name Gym-Mark, Inc. Petition Date January 17, 2019
Case Number 19-30255 Debtor Name Gymboree Operations, Inc. Petition Date January 17, 2019
Case Number 19-30250 Debtor Name Gymboree Distribution, Inc. Petition Date January 17, 2019
Case Number 19-30256 Debtor Name Gymboree Manufacturing, Inc. Petition Date January 17, 2019
Case Number 19-30249 Debtor Name Gymboree Retail Stores, LLC Petition Date January 16, 2019
Case Number 19-30248 Debtor Name Gym-Card, LLC Petition Date January 16, 2019
Case Number 19-30251 Debtor Name Gymboree Island, LLC Petition Date January 17, 2019