Tuesday Morning Creditors Seek Investigation as Stores Shut Down

A group of Tuesday Morning Corp. creditors moved to investigate events surrounding the failed retailer’s second trip into bankruptcy that resulted in store liquidation.

The discount retailer, now undergoing liquidation sales at its remaining stores, should be compelled to produce information regarding what happened after it emerged from a 2020 Chapter 11 case with fresh financing, an official committee of unsecured creditors said in a filing Thursday with the US Bankruptcy Court for the Northern District of Texas.

“To date, the Debtors have yet to conduct a comprehensive investigation into the existence or viability of any prepetition causes of action ...