U.K. Retailer New Look Files for Chapter 15 Bankruptcy in U.S.

Sept. 28, 2020, 2:45 PM UTC

Co. filed for Chapter 15 court protection in the U.S. on Monday as part of a broader plan to overhaul its finances, according to a court filing.

  • Chapter 15 petition was filed in the U.S. Bankruptcy Court for the Southern District of New York: filing
    • The case is New Look Financing Plc, 1:20-bk-12297
    • Chapter 15 proceedings shield foreign companies from lawsuits by U.S. creditors while they reorganize in another country
  • NOTE: Sept. 15, New Look’s Landlords Approve Rent Cuts, Paving Way For Debt Deal

To contact the reporters on this story:
Fabian Graber in London at fgraber2@bloomberg.net;
Antonio ...









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