Toys ‘R’ Us Inc could file for bankruptcy in the coming weeks as pressure from skittish suppliers intensifies, the Wall Street Journal reported (paywall) on Friday, citing people familiar with the matter. The company and its restructuring advisers are considering filing for Chapter 11 protection in the U.S. Bankruptcy Court in Richmond, Virginia, according to...
NYS Entity Status
NYS Filing Date
APRIL 01, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - INSTALL R US, INC.
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Tuesday Sep 19, 2017
RICHMOND, Va. (AP) — Toys R Us, the big box toy retailer struggling with $5 billion in long-term debt, has filed for Chapter 11 bankruptcy protection ahead of the key holiday shopping season, saying it will continue its normal business operations.The Wayne, New Jersey-based company announced late Monday that it was voluntarily seeking relief through the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond — and that its Canadian subsidiary would be seeking similar protection through a Canadian court in Ontario as it seeks to reorganize.Toys R Us said court-supervised proceedings will help restructure the outstanding debt and set the stage for long-term growth.