True Religion Apparel Back in Bankruptcy Second Time Since 2017

April 13, 2020, 7:00 PM UTC

High-end denim retailer True Religion Apparel Inc. files for Chapter 11 bankruptcy again in Delaware, court papers show.

  • Co. lists assets and liabilities of as much as $500m each in its bankruptcy petition
  • Province Inc. is financial adviser and Akin Gump Strauss Hauer & Feld LLP is legal adviser, per petition
    • July 2017: True Religion to Cut Debt by $350 Million Through Chapter 11
    • The new case is True Religion Apparel Inc., 20-10941, U.S. Bankruptcy Court for the District of Delaware

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Jeremy Hill in New York at jhill273@bloomberg.net

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