LRC serves as co-counsel with Kirkland & Ellis LLP representing Destination Maternity Corporation and its affiliates (“Destination Maternity”) in their chapter 11 proceedings (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware. Destination Maternity was the premier source for maternity wear for American women and operated stores under three retail nameplates: Motherhood® Maternity, A Pea in the Pod® and Destination Maternity®. LRC assisted with preparing operational motions in connection with the Chapter 11 Cases and advised Destination Maternity regarding all respects of their Chapter 11 Cases, including with respect to a sale of certain of Destination Maternity’s assets and with respect to going-out-of-business sales for its U.S. and Canadian entities. The sale of certain of Destination Maternity’s assets to Marquee Brands, LLC and a contractual joint venture between Hilco Merchant Resources, LLC and Gordon Brothers Retail Partners, LLC was approved by the court on December 13, 2019 and closed on December 20, 2019. Following the closing, LRC continues to advise Destination Maternity with respect to a wind-down strategy.
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