Sam Ash Music Corporation, a century-old American musical instrument retailer founded in 1924, filed for Chapter 11 protection on May 8, 2024 in the District of New Jersey (Case No. 24-14727) before Judge Stacey L. Meisel, days after announcing the closure of all 42 retail stores. The company operated a multi-channel business encompassing retail stores across multiple states, an e-commerce platform, and a wholesale distribution segment through Samson Technologies. At filing, the Debtors faced a prepetition over-advance position with Tiger Finance, LLC (the asset-based lender) and had less than $1 million in available cash. Tiger Finance provided a DIP facility of up to $20 million with a roll-up of prepetition ABL obligations. An accelerated sale process produced a $15.2 million transaction with Organizacion Gonher S.A. de C.V. for the e-commerce, intellectual property, and Samson Technologies assets, while Tiger Group and Gordon Brothers conducted going-out-of-business sales at all 42 stores. The Second Amended Joint Plan of Liquidation was confirmed on August 15, 2024 and became effective August 30, 2024, establishing a liquidating trust. General unsecured creditors receive pro rata distributions from Net Distributable Proceeds, with no distributions reported as of Q1 2025.