Crystal Financial announced the closing of a $27,500,000 Senior Credit Facility for True Religion Apparel, Inc. (“True Religion” or “the Company”). Founded in 2002, True Religion is a lifestyle apparel brand which aims to deliver an exclusive...
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November 12, 2020, 08:40 AM
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Jeans retailer True Religion filed for Chapter 11 on Monday as diminishing sales and the pressure on brick and mortar retail wrought by the coronavirus took a final toll on the company.According to multiple press reports, the company's largest...
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April 14, 2020, 10:05 AM
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After less than four months, True Religion Brand Jeans has emerged from Chapter 11 Bankruptcy following negotiations with its key stakeholders, under a Plan of Reorganization approved by the Delaware Bankruptcy court on October 5, 2017.True...
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October 30, 2017, 07:40 AM
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Ongoing distress in the retail sector claimed another casualty this week, with True Religion Brand Jeans filing for creditor protection under Chapter 11 in the U.S. bankruptcy court in the District of Delaware. In a court filingthe company stated...
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July 05, 2017, 08:07 AM
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