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The Wet Seal, LLC Bankruptcy Case

The Wet Seal, LLC

Sale Process

Case No. 17-10229·Delaware·Petition date Feb 2, 2017

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OverviewProfessionals

Key professionals

Financial Advisor

Berkeley Research Group

Financial Advisor

Province, LLC

Special Counsel

A. M. Saccullo Legal, LLC

Special Counsel

ASK LLP

Judge: Christopher S. Sontchi
Petition assets: $10M–$50M
Petition liabilities: $10M–$50M
Industry: Retail
Debtors: 3

The Wet Seal, LLC is an Irvine, California-based multi-channel specialty retailer of fashion apparel and accessories for women aged 18 to 24. Founded in 1962 as a beachwear retailer, the company operates through a retail store network of 142 locations across 37 states and an e-commerce platform. The company, which maintains over 2 million Facebook followers, employs approximately 1,756 staff members, including 399 full-time and 1,357 part-time employees. It is a subsidiary of Mador Financing, LLC, following a 2015 acquisition of the brand.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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