December 26, 2013
Kelley Drye has been retained as counsel to the Official Committee of Unsecured Creditors in the retail chapter 11 cases In re Loehmann’s Holdings Inc., et al., filed on December 15, 2013 in the United States Bankruptcy Court for the Southern District of New York in Manhattan.
Founded in 1921, Loehmann’s is headquartered in New York City and operates stores nationwide, generally concentrated in California, the New York region, the Midwest, and Florida. Products sold include women’s apparel, accessories and shoes, men’s apparel, children’s apparel, and furnishings. As of the petition date, the debtors leased and operated 39 stores and operated an internet website, employing approximately 1,600 people. Prior to the current filing, the debtors had filed for bankruptcy protection on two separate occasions, in May 1999 and March 2011.
Reflecting the firm’s strong reputation in the retail bankruptcy area, Kelley Drye was selected from a pool of six firms. The Kelley Drye team will be led by partners James S. Carr and Robert L. LeHane and will include special counsel Benjamin D. Feder.