Case Background

On September 18, 2017, Toys "R" Us, Inc. and 24 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. 17-34665.

For additional information about the restructuring process, including frequently asked questions, please visit the Toys“R”Us Restructuring website at www.toysrusinc.com/restructuring.

To access the dedicated website for the Official Committee of Unsecured Creditors, please click here.

For information related to the chapter 11 cases of Toys "R" Us Property Company I, LLC, et. al, Case No. 18-31429 and five affiliated debtors (collectively, the "Propco I Debtors") pending in the United States Bankruptcy Court for the Eastern District of Virginia (Richmond Division), please click here.  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

Important Information & Dates

Wayne Real Estate Parent Company, LLC Plan & Disclosure Statement

On December 24, 2018, Wayne Real Estate Parent Company, LLC filed its Chapter 11 Plan and Disclosure Statement related thereto. A hearing on the Disclosure Statement was held on December 28, 2018, and the Disclosure Statement was approved.  The hearing to consider confirmation of the Plan will be held on January 24, 2019 at 1:00 p.m., prevailing Eastern Time.

Please click below to view all documents related to the Wayne Real Estate Parent Company, LLC Plan & Disclosure Statement:

Wayne Real Estate Parent Company, LLC Plan & Disclosure Statement 

Toys Delaware Debtors and Geoffrey Debtors' Plan & Disclosure Statement

On August 6, 2018, the Toys Delaware Debtors and the Geoffrey Debtors filed their Joint Chapter 11 Plan and Disclosure Statement related thereto.  A hearing on the Disclosure Statement and the Disclosure Statement Motion was held on September 6, 2018, at 11:00 a.m., prevailing Eastern Time. On September 6, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement.  The hearing to consider confirmation of the Plan was held on November 13, 2018 and the Plan was confirmed.

Please click below to view all documents related to the Toys Delaware Debtors and Geoffrey Debtors' Plan and Disclosure Statement:

Toys Delaware Debtors and Geoffrey Debtors' Plan & Disclosure Statement

Taj Debtors and TRU Inc. Debtors' Plan & Disclosure Statement

On August 4, 2018, the Taj Debtors and the TRU Inc. Debtors filed their Joint Chapter 11 Plan and Disclosure Statement related thereto.  A hearing on the Disclosure Statement and the Disclosure Statement Motion was held on September 6, 2018, at 11:00 a.m., prevailing Eastern Time. On September 6, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement.  The hearing to consider confirmation of the Plan was held on December 13, 2018 and the Plan was confirmed.

Please click below to view all documents related to the Taj Debtors and TRU Inc. Debtors' Plan and Disclosure Statement:

Taj Debtors and TRU Inc. Debtors' Plan & Disclosure Statement 

Propco II Plan Debtors' Plan & Disclosure Statement

On June 11, 2018, Toys “R” Us Property Company II, LLC and Giraffe Junior Holdings, LLC  (the “Propco II Plan Debtors”) filed their Joint Chapter 11 Plan (the "Plan") and Disclosure Statement related thereto.  A hearing on the Disclosure Statement and the Disclosure Statement Motion was held on July 2, 2018, at 10:00 a.m., prevailing Eastern Time.  On July 3, 2018, the Bankruptcy Court entered an order conditionally approving the adequacy of the Disclosure Statement.  The combined hearing to consider approval of the Disclosure Statement on a final basis and confirmation of the Plan was held on August 22, 2018 at 11:30 a.m.  On August 22, 2018, the Bankruptcy Court entered an order approving the Disclosure Statement on a final basis and confirming the Plan. On September 7, 2018, the Plan became effective.

Please click below to view all documents related to the Propco II Plan Debtors' Plan and Disclosure Statement:

Propco II Plan Debtors' Plan & Disclosure Statement 

Administrative Claim Bar Date

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

• for an Administrative Claim arising on or prior to June 30, 2018: July 16, 2018, at 5:00 p.m., prevailing Eastern Time; and
• for an Administrative Claim arising after June 30, 2018: the affected party shall file a Proof of Administrative Claim with respect to such claim following the Administrative Claims Procedures by the earlier of: (a) the 15th day of the month following the month in which the claim arose at 5:00 p.m., prevailing Eastern Time; and (b) 14 days following any hearing on a plan of liquidation, structured settlement, or other proposed resolution to the Debtors chapter 11 cases, at 5:00 p.m., prevailing Eastern Time

**If you are looking to file an administrative claim on account of postpetition amounts due, please click here**  

October Cleansing Materials

Please click here to access the October Cleansing Materials.

Important Sale Related Information

Shared Services Business Sale

On October 18, 2018, the Bankruptcy Court entered an order approving the bidding procedures for the sale of Toys Delaware’s shared services infrastructure, agreements, and operations (collectively, the “Shared Services Business”). For more information on the Shared Services Business sale, please visit the following link:

Shared Services Business Sale 

Please take note of the following important dates related to this sale:

• Bid Deadline: November 8, 2018 at 5:00 p.m. (prevailing Eastern Time)
• Auction (if necessary): November 9, 2018 at 10:00 a.m. (prevailing Eastern Time)
• Sale Hearing: on or before November 13, 2018 at 1:00 p.m. (prevailing Eastern Time)

Asia JV Asset Sale

On September 14, 2018, the Bankruptcy Court entered an order approving the bidding procedures for the sale of or other transaction (including a chapter 11 plan) of any or all of the Debtors’ indirect 84.87% interest in Toys (Labuan) Holding Limited, including the Thai Shares (as defined in the Shareholders’ Agreement), if applicable, and the related intellectual property. For more information on this sale, please visit the following link:

Asia JV Asset Sale 

Please take note of the following important dates related to this sale:

• Bid Deadline: October 26, 2018 at 5:00 p.m. (prevailing Eastern Time)
• Sale Hearing: December 6, 2018 at 10:00 a.m. (prevailing Eastern Time)