David’s Bridal – Emerges from Whirlwind Chapter 11 with $450mn Debt Reduction Gift from New Owners

January 18, 2019 – The Debtors notified the Court hearing the David’s Bridal case that they had emerged from their Chapter 11 bankruptcy effective January 18, 2019 [Docket No. 290]. The Court had previously blessed the adequacy of the Debtors’ Disclosure Statement and confirmed the Debtors’ Joint Prepackaged Chapter 11 Plan on January 4, 2019…