Rue21 Can Use Lender Cash As It Moves To Shut All Stores

By Alex Wittenberg · May 3, 2024, 6:20 PM EDT

A Delaware bankruptcy judge gave an initial nod Friday to teen apparel company rue21's bid to use its lender cash collateral to fund itself as it works to sell off inventory across...

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Bankruptcy Scorecard


Retail fashion company rue21, which made a trip through bankruptcy most recently in 2017, filed for Chapter 11 protection in Delaware court, disclosing $194.4 million in debt and a plan to sell the business.

Case Number



Brendan L. Shannon


U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$194.4 million in debt.

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Case Information

Case Title

New rue21 Holdco, Inc.

Case Number




Nature of Suit

Date Filed

May 02, 2024