SulmeyerKupetz Receives Approval of Disclosure Statement from U.S. Bankruptcy Court in Shiekh Shoes, LLC Chapter 11 Bankruptcy Reorganization Case

On May 11, 2018, the U.S. Bankruptcy Court for the Central District of California (Judge Vincent Zurzolo) entered an order approving the Disclosure Statement of Shiekh Shoes, LLC, in the company’s Chapter 11 bankruptcy reorganization case (case no. 2:17-bk-24626-VZ). The Disclosure Statement describes the Plan of Reorganization for Shiekh Shoes and has been disseminated along with ballots to creditors for the company for voting on the Plan. The Plan is set for hearing on June 14.

Shiekh Shoes is a retailer of shoes, apparel and accessories. The company commenced its Chapter 11 case on November 29, 2017, in order to restructure its debt, leases and operations. At the time of the commencement of its case, Shiekh Shoes operated 125 retail stores in 10 states. The Plan implements the restructuring of the company and will allow it to emerge from Chapter 11.

Shiekh Shoes is represented by attorneys David Kupetz, Asa Hami, Jeffrey Pomerance, Steve Werth and Claire Wu.


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