Toys“R”Us, Inc. and certain of its U.S. subsidiaries and its Canadian subsidiary voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Eastern District of Virginia. In addition, the Company’s Canadian subsidiary voluntarily commenced parallel proceedings under the Companies’ Creditors Arrangement Act (“CCAA”) in Canada in the Ontario Superior Court of Justice. The Company’s operations outside of the U.S. and Canada, including its approximately 255 licensed stores and joint venture partnership in Asia, which are separate entities, are not part of the Chapter 11 filing and CCAA proceedings.
Toys“R”Us intends to use this court-supervised process to restructure its outstanding debt and establish a sustainable capital structure that will enable it to invest in long-term growth and fuel its aspirations of bringing play to kids everywhere and being a best friend for parents.
The Company’s Toys“R”Us and Babies“R”Us stores around the world are operating as usual, providing customers with great service and a curated assortment of merchandise in the toy and baby categories. Customers can also continue to shop for the toy and baby products they are looking for online on the Company’s newly launched www.toysrus.com and www.babiesrus.com web stores.
The Company intends to pay vendors in full under normal terms for goods and services delivered on or after the filing date. As the Company’s international subsidiaries are not part of the Chapter 11 filings and CCAA proceedings, Toys“R”Us’ international subsidiaries will pay vendors for all goods and services in the normal course.
Toys “R” Us’ case has been assigned to Judge Keith L. Phillips and Case No. 17-34665. The Docket can be accessed on this website or through the website maintained by the United States Bankruptcy Court for the Eastern District of Virginia (http://www.vaeb.uscourts.gov/).
For additional information about the restructuring process, including frequently asked questions, please visit the Toys“R”Us Restructuring website at www.toysrusinc.com/restructuring. For information regarding the Company’s CCAA proceedings, please visit the CCAA Monitor site at www.grantthornton.ca/ToysRUs. The Monitor will also have a hotline at 1-855-747-2648.
Vendor - Supplier Inquiries
Domestic and international vendors and suppliers may call the numbers below to ask questions about the restructuring proceedings:
United Kingdom: 0-800-014-8914
United States and Canada: 844-794-3476
Interested parties may also submit inquiries via the link above or send emails to email@example.com
Important Information & Dates
A hearing on the Debtors' First Day Motions was held on September 19, 2017 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 adjourned from October 10, 2017 and will be held on October 24, 2017 at 2:00 p.m. (ET). Please click below to view and download the Debtors' First Day Motions and First Day Orders:
Adjourned: Final Hearing...
Meeting of Creditors
First Day Hearing
Adjourned: Final Hearing on First Day Motions
Meeting of Creditors
Kirkland & Ellis LLP
300 North LaSalle
Chicago, IL 60654
James H.M. Sprayregen, P.C.
Anup Sathy, P.C.
Chad J. Husnick, P.C.
Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022
Edward O. Sassower, P.C.
Joshua A. Sussberg, 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
6305 Ivy Lane, Suite 600
Greenbelt, MD 20770
Robert B. Van Arsdale
Lynn A. Kohen
|17-34665||Toys "R" Us, Inc.||September 19, 2017|
|17-34660||Geoffrey Holdings, LLC||September 18, 2017|
|17-34666||Geoffrey International, LLC||September 19, 2017|
|17-34667||Geoffrey, LLC||September 19, 2017|
|17-34661||Giraffe Holdings, LLC||September 18, 2017|
|17-34662||Giraffe Junior Holdings, LLC||September 19, 2017|
|17-34663||MAP 2005 Real Estate, LLC||September 19, 2017|
|17-34668||Toys "R" Us (Canada) Ltd./Toys "R" Us (Canada) Ltee||September 19, 2017|
|17-34669||Toys “R” Us - Delaware Inc.||September 19, 2017|
|17-34664||Toys “R” Us - Value, Inc.||September 19, 2017|
|17-34670||Toys “R” Us Europe, LLC||September 19, 2017|
|17-34671||Toys “R” Us Property Company II, LLC||September 19, 2017|
|17-34672||Toys Acquisition, LLC||September 19, 2017|
|17-34659||TRU - SVC, Inc.||September 18, 2017|
|17-34673||TRU Asia, LLC||September 19, 2017|
|17-34674||TRU Guam, LLC||September 19, 2017|
|17-34675||TRU Mobility, LLC||September 19, 2017|
|17-34676||TRU of Puerto Rico, Inc.||September 19, 2017|
|17-34677||TRU Taj (Europe) Holdings, LLC||September 19, 2017|
|17-34678||TRU Taj Finance, Inc.||September 19, 2017|
|17-34679||TRU Taj Holdings 1, LLC||September 19, 2017|
|17-34680||TRU Taj Holdings 2 Limited||September 19, 2017|
|17-34681||TRU Taj Holdings 3, LLC||September 19, 2017|
|17-34682||TRU Taj LLC||September 19, 2017|
|17-34683||Wayne Real Estate Parent Company, LLC||September 19, 2017|