Retailer Conn's Closing Stores In Bankruptcy, Gets DIP Loan

By Hilary Russ and Ben Zigterman · July 24, 2024, 11:49 AM EDT

A Texas bankruptcy judge said on Wednesday that he will approve $25 million of debtor-in-possession financing to help fallen furniture and appliance retailer Conn's Inc. fund its Chapter 11 case, which...

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Bankruptcy Scorecard

Summary

Defunct furniture and appliance retailer Conn's Inc. filed for bankruptcy to sell its consumer financing arm while holding going-out-of-business sales to close its remaining locations.

Case Number

24-bk-33357

Judge

Alfredo Rey Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

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