Toys "R" Us Has First Day in Bankruptcy Court
Toys "R" Us, Inc. ("Toys R Us") filed for protection under chapter 11 of the Bankruptcy Code in Richmond, Virginia on September 18, 2017 as the toy retailer struggled to reorganize its debt in the face of mounting pressure from online retailers. Hearings on the Toys R Us first day motions were held on September 19, 2017 at 11:00 a.m. in the courtroom of Judge Keith Phillips located in the U.S. Bankruptcy Court, 701 E. Broad St., Room 5100, Richmond,...
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