Signature Styles (Spiegel, Newport News & Shape Fx Brands) Files for Chapter 11 With Deal to Sell All Assets


Signature Styles, LLC and Signature Styles Gift Cards, LLC, which collectively operate a catalog and internet retailer specializing in women's apparel and accessories sold under the Spiegel, Newport News and Shape Fx brands, filed for chapter 11 bankruptcy protection on Monday in Delaware. The companies were formed in June 2009 to acquire the assets of Spiegel Brands, Inc., which were being sold in a foreclosure sale conducted by Dymus Funding Company, LLC. Signature Styles was the only bidder for the assets and paid $21.7 million.

For more information about the bankruptcy filing, please read the attached document or visit our blog:

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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