Toys "R" Us Property Company I, LLC

Case No.


Case Background

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
Harrison Varner
Tel: (212) 223-9090
www.raiderhill.com

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:

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:

Propco I Lease Sale 

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)

Dates

March 8 2019 Effective Date ---------------- Plan & Disclos... Add to Calendar
September 30 2019 Omnibus Hearing 11:00 a.m. (ET) Statement Age... Add to Calendar
+ SHOW ALL DATES
March 20 2018 -------------------
April 12 2018 3:00 p.m. (ET)
April 19 2018 11:00 a.m. (ET)
May 15 2018 10:00 a.m. (ET)
May 24 2018 10:00 a.m (ET)
June 25 2018 3:00 p.m. (ET)
June 25 2018 1:00 p.m. (ET)
July 19 2018 1:00 p.m. (ET)
August 30 2018 10:00 a.m. (ET)
September 13 2018 11:00 a.m. (ET)
October 10 2018 1:00 p.m. (ET)
October 17 2018 1:00 p.m. (ET)
October 24 2018 1:00 p.m. (ET)
November 5 2018 1:00 p.m. (ET)
November 12 2018 5:00 p.m. (ET)
General Claims Bar Date Bar Date Notice Add to Calendar
November 12 2018 5:00 p.m. (ET)
Governmental Bar Date Bar Date Notice Add to Calendar
November 15 2018 9:00 a.m. (ET)
November 29 2018 1:00 p.m. (ET)
December 6 2018 10:00 a.m. (ET)
December 11 2018 2:00 p.m. (ET)
December 18 2018 2:00 p.m. (ET)
Disclosure Statement Hearing Plan & Disclosure Statement Add to Calendar
January 10 2019 11:00 a.m. (ET)
January 24 2019 1:00 p.m. (ET)
February 19 2019 11:00 a.m. (ET)
February 27 2019 1:00 p.m. (ET)
March 8 2019 ----------------
March 19 2019 11:00 a.m. (ET)
April 8 2019 1:00 p.m. (ET)
April 18 2019 11:00 a.m. (ET)
May 15 2019 1:00 p.m. (ET)
May 29 2019 1:00 p.m.
June 27 2019 11:00 a.m. (ET)
August 22 2019 11:00 a.m. (ET)
September 30 2019 11:00 a.m. (ET)

Parties

Debtors' Counsel

  • Kirkland & Ellis LLP

    300 North LaSalle
    Chicago, IL   60654
    https://www.kirkland.com/
    Phone: 312.862.2000
    Fax: 312.862.2200

    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
    http://www.kutakrock.com/
    Phone: 804.644.1700
    Fax: 804.783.6192

    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
    http://www.vaeb.uscourts.gov
    Phone: 804.916.2400


  • Office of the United States Trustee

    Eastern District of Virginia
    701 East Broad Street, Suite 4304
    Richmond, VA   23219
    https://www.justice.gov/ust-regions-r04
    Phone: 804.771.2319
    Fax: 804.771.2330

    Robert B. Van Arsdale
    Lynn A. Kohen

Debtors

Case Number Debtor Name Petition Date
Case Number 18-31429 Debtor Name Toys "R" Us Property Company I, LLC Petition Date March 20, 2018
Case Number 18-31428 Debtor Name Wayne Real Estate Holding Company, LLC Petition Date March 20, 2018
Case Number 18-31430 Debtor Name MAP Real Estate, LLC Petition Date March 20, 2018
Case Number 18-31431 Debtor Name TRU 2005 RE I, LLC Petition Date March 20, 2018
Case Number 18-31432 Debtor Name TRU 2005 RE II Trust Petition Date March 20, 2018
Case Number 18-31433 Debtor Name Wayne Real Estate Company, LLC Petition Date March 20, 2018