Charlotte Russe Holdings says it will continue to pursue a going-concern sale of the business and its assets as part of its voluntary Chapter 11 bankruptcy filing.
- The company has up to $50 million in commitment for a debtor in possession financing
- The Charlotte Russe and Peek stores and online platforms are currently open and continuing to serve customers
- It is seeking authorization from the Court to continue to honor certain customer programs
The case is In re Charlotte Russe Holding, Inc., Bankr. D. Del., No. 19-bk-10210, petition filed 2/3/19.
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