Franchise Group Gets Tentative Deal On Ch. 11 Voting Process

By Alex Wittenberg · February 19, 2025, 6:50 PM EST

Retail chain operator Franchise Group Inc. and a group of lenders told a Delaware bankruptcy judge on Wednesday they were close to agreeing on a disclosure statement for Franchise Group's Chapter...

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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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Related Sections

Case Information

Case Title

Franchise Group, Inc.

Case Number

1:24-bk-12480

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024

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