Fossil (UK) Global Services Ltd’s Chapter 15 case closed on January 5, 2026, following completion of the UK restructuring that canceled $150,000,000 of Fossil Group’s old notes, as reported in the final report Dkt. 45. The closing order Dkt. 47 preserves the U.S. recognition and enforcement orders governing the implemented plan.

Fossil (UK) Global Services Ltd’s Chapter 15 case closed on January 5, 2026, under the closing order Dkt. 47, which preserves all prior orders, including U.S. recognition of the UK restructuring plan. The debtor filed its Chapter 15 petition Dkt. 1 on October 20, 2025, to obtain U.S. recognition supporting a restructuring under Part 26A of the UK Companies Act 2006.

The plan addressed Fossil Group, Inc.’s $150,000,000 of 7.00% senior unsecured notes due November 30, 2026, guaranteed by the UK debtor. The supplemental declaration Dkt. 29 reports that creditors representing 99.99% by value of those present and voting approved the plan on November 6, 2025. The English court sanctioned it on November 10, as documented in the sanction-order notice Dkt. 30. The sanctioned terms exchanged the old notes for consideration including first-out and second-out secured notes due in 2029, common stock, warrants, and backstop and consent premiums.

The U.S. court’s November 12, 2025 recognition order Dkt. 39 recognized the UK proceeding as a foreign main proceeding and gave the plan and sanction order full force and effect in the United States, including their releases. It also authorized cancellation of the old notes and related guarantees and permanently enjoined U.S. actions inconsistent with the plan. The foreign representative’s December 9, 2025 final report and motion for a final decree Dkt. 45 reported that Fossil Group consummated the restructuring on November 13, canceling $150,000,000 in outstanding old-note principal. It also reported that the UK proceeding had concluded and no motions, contested matters, or adversary proceedings remained pending, leading to the January closing order.

Fossil (UK) Global Services Ltd’s Chapter 15 case closed on January 5, 2026, following completion of the UK restructuring that canceled $150,000,000 of Fossil Group’s old notes, as reported in the final report Dkt. 45. The closing order Dkt. 47 preserves the U.S. recognition and enforcement orders governing the implemented plan.

Fossil (UK) Global Services Ltd’s Chapter 15 case closed on January 5, 2026, under the closing order Dkt. 47, which preserves all prior orders, including U.S. recognition of the UK restructuring plan. The debtor filed its Chapter 15 petition Dkt. 1 on October 20, 2025, to obtain U.S. recognition supporting a restructuring under Part 26A of the UK Companies Act 2006.

The plan addressed Fossil Group, Inc.’s $150,000,000 of 7.00% senior unsecured notes due November 30, 2026, guaranteed by the UK debtor. The supplemental declaration Dkt. 29 reports that creditors representing 99.99% by value of those present and voting approved the plan on November 6, 2025. The English court sanctioned it on November 10, as documented in the sanction-order notice Dkt. 30. The sanctioned terms exchanged the old notes for consideration including first-out and second-out secured notes due in 2029, common stock, warrants, and backstop and consent premiums.

The U.S. court’s November 12, 2025 recognition order Dkt. 39 recognized the UK proceeding as a foreign main proceeding and gave the plan and sanction order full force and effect in the United States, including their releases. It also authorized cancellation of the old notes and related guarantees and permanently enjoined U.S. actions inconsistent with the plan. The foreign representative’s December 9, 2025 final report and motion for a final decree Dkt. 45 reported that Fossil Group consummated the restructuring on November 13, canceling $150,000,000 in outstanding old-note principal. It also reported that the UK proceeding had concluded and no motions, contested matters, or adversary proceedings remained pending, leading to the January closing order.