TRU Creditor Litigation Trust

TRU Creditor Litigation Trust

Case Number: 17-34665

United States Bankruptcy Court, Eastern District of Virginia (Richmond Division)

TRU Creditor Litigation Trust (17-34665)
Public information maintained by the TRU Creditor Litigation Trust

On September 18, 2017, Toys “R” Us, Inc. and certain of its affiliates (together, the “Debtors”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The Debtors’ bankruptcy cases are jointly administered under case no. 17-34665 and pending before the Honorable Keith L. Phillips in the Richmond Division of the United States Bankruptcy Court for the Eastern District of Virginia (the “Bankruptcy Court”). For information and the docket related to the chapter 11 cases, please click here.

The TRU Creditor Litigation Trust (the “Trust”) was created pursuant to the settlement agreement, which was approved by the Bankruptcy Court by an order dated August 8, 2018, the Fourth Amended Chapter 11 Plans of the Toys Delaware Debtors and Geoffrey Debtors, which was confirmed by the Bankruptcy Court by a Confirmation Order dated November 21, 2018, and the Third Amended Joint Chapter 11 Plan of the Taj Debtors and the TRU Inc. Debtors, which was confirmed by the Bankruptcy Court by a Confirmation Order dated December 17, 2018.

On September 10, 2019, the TRU Creditor Litigation Trust entered into a tolling agreement with certain D&O Parties with respect to the Non-Released Claims (as defined in the TRU Creditor Litigation Trust Agreement). The terms of such tolling agreement are confidential.

The TRU Creditor Litigation Trust Agreement that governs the TRU Creditor Litigation Trust was filed with the Bankruptcy Court and provides information about communications with Trust beneficiaries, among other things. The TRU Creditor Litigation Trust Agreement can be accessed at docket no. 6925.

In accordance with the TRU Creditor Litigation Trust Agreement, the Trust is providing the following tax information for beneficiaries. Please click here.

The Trust provided a litigation status update for its beneficiaries as of January 31, 2020.  Please click here.

On March 12, 2020, the Trust filed a complaint against certain former directors and officers of certain TRU Debtors alleging fraudulent concealment, misrepresentation, and breaches of fiduciary duties, among other things.  The press release issued by the Trust can be found here.

The Trust provided a status update for its beneficiaries as of April 9, 2021.  Please click here.

The Trust provided a status update for its beneficiaries as of October 13, 2021.  Please click here.

The Trust provided a status update for its beneficiaries as of April 28, 2022. Please click here.

 

Locations

  • California
    410 Exchange
    Ste 100
    Irvine, CA 92602
  • Colorado

    8269 E. 23rd Avenue
    Ste 275
    Denver, CO 80238

  • Illinois

    500 Davis Street
    Ste 800
    Evanston, IL 60201

  • New York

    7 Times Square
    16th Floor
    New York, NY 10036

  • OHIO

    4540 Honeywell Court
    Dayton, OH 45424

Head Quarters
California
410 Exchange
Ste 100
Irvine, CA 92602
Colorado

8269 E. 23rd Avenue
Ste 275
Denver, CO 80238

Illinois

500 Davis Street
Ste 800
Evanston, IL 60201

New York

7 Times Square
16th Floor
New York, NY 10036

OHIO

4540 Honeywell Court
Dayton, OH 45424