Lenders Want Willkie Out Of Franchise Group Ch. 11

By Emlyn Cameron · February 3, 2025, 4:17 PM EST

An ad hoc group of lenders in retail chain operator Franchise Group Inc.'s Chapter 11 has objected to the company's request to retain Willkie Farr & Gallagher LLP, arguing the firm cannot...

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Bankruptcy Scorecard

Summary

The owner of the Vitamin Shoppe retail chain and other franchised businesses filed for Chapter 11 protection in November about a year after the company went private with the intent of reducing its operating expenses.

Case Number

1:24-bk-12480

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Documents

Case Information

Case Title

Franchise Group, Inc.

Case Number

1:24-bk-12480

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024