On March 20, 2018, Toys "R" Us Property Company I, LLC and 5 affiliated debtors (collectively, the "Propco I Debtors") each filed a voluntary petition for relief under Chapter 11 of 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. 18-31429.
For more information about the the disposition of the PropCo 1 Debtors’ leased and owned properties, please contact the Propco I Debtors' real estate advisor:
Raider Hill Advisors, LLC
Tel: (212) 223-9090
For information related to the chapter 11 cases of Toys “R” Us, Inc. et al., Case No. 17-34665 pending in the United States Bankruptcy Court for the Eastern District of Virginia (Richmond Division), please click here.
Important Information & Dates
Plan and Disclosure Statement:
On November 15, 2018, the Debtors filed their Joint Chapter 11 Plan and the Disclosure Statement related thereto. A hearing on the Disclosure Statement and the Disclosure Statement Motion was held on December 18, 2018, at 2:00 p.m. (prevailing Eastern Time). On December 21, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement. The hearing to consider confirmation of the Plan was held on January 24, 2019 at 1:00 p.m., prevailing Eastern Time. An order confirming the Plan was entered on March 5, 2019 and the Plan became effective on March 8, 2019.
Please click below to view and download all documents related to the Plan and Disclosure Statement:
November Cleansing Materials
Please click here to access the November Cleansing Materials.
Deadline to File Claims
The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:
- General Claims Bar Date: November 12, 2018 at 5:00 p.m. (prevailing Eastern Time)
- Governmental Bar Date: November 12, 2018 at 5:00 p.m. (prevailing Eastern Time)
Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtor.
Propco I Lease Sale
On September 13, 2018, the Bankruptcy Court entered an order approving the bidding procedures for the sale of certain real commercial leases. For more information on this sale, please visit the following link:
Please take note of the following important dates related to this sale:
- Bid Deadline: September 20, 2018 at 5:00 p.m. (prevailing Eastern Time)
- Auction: September 27, 2018, at 10:00 a.m. (prevailing Eastern Time)
Adjourned: Meeting of Creditors
General Claims Bar Date
Governmental Bar Date
Cancelled: Omnibus Hearing
Disclosure Statement Hearing
Adjourned: Omnibus Hearing
Kirkland & Ellis LLP
300 North LaSalle
Chicago, IL 60654
James H.M. Sprayregen, P.C.
Anup Sathy, P.C.
Chad J. Husnick, P.C.
Kutak Rock LLP
901 East Byrd Street, Suite 1000
Richmond, VA 23219-4071
Michael A. Condyles, Esq.
Peter J. Barrett, Esq.
Jeremy S. Williams, 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
Office of the United States Trustee
Eastern District of Virginia
701 East Broad Street, Suite 4304
Richmond, VA 23219
Robert B. Van Arsdale
Lynn A. Kohen
|18-31429||Toys "R" Us Property Company I, LLC||March 20, 2018|
|18-31428||Wayne Real Estate Holding Company, LLC||March 20, 2018|
|18-31430||MAP Real Estate, LLC||March 20, 2018|
|18-31431||TRU 2005 RE I, LLC||March 20, 2018|
|18-31432||TRU 2005 RE II Trust||March 20, 2018|
|18-31433||Wayne Real Estate Company, LLC||March 20, 2018|