Tupperware OK'd To Temporarily Use Cash To Fund Ch. 11

By Clara Geoghegan · September 25, 2024, 1:53 PM EDT

Iconic food storage and kitchenware brand Tupperware received a Delaware bankruptcy judge's signoff on Wednesday to use cash on hand to fund its operations and Chapter 11 case for the next...

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Bankruptcy Scorecard

Summary

Tupperware Brands Corp. filed for Chapter 11 bankruptcy protection with more than $1 billion in debt, saying it plans to continue operating and hopes to pursue a quick sale.

Case Number

1:24-bk-12156

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Over $1 billion

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Case Information

Case Title

Tupperware Brands Corporation

Case Number

1:24-bk-12156

Court

Delaware

Nature of Suit

Date Filed

September 17, 2024