On June 3, 2019, GUE Liquidation Companies, Inc. fka FTD Companies Inc. (the “Company”) and substantially all of its domestic subsidiaries filed voluntary petitions commencing cases under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware to facilitate the completion of strategic initiatives resulting from the Company’s previously announced strategic review.
The Company intends to use the court-supervised process to support and protect its ongoing business operations, including its relationships with member florists and business partners, to provide an efficient and binding mechanism for the potential sales of its businesses and to address outstanding debt.
The Company is operating in the ordinary course and remains focused supporting its extensive network of member florists and business partners connected by our iconic FTD brand in North America and Latin America. The Company’s other businesses, including ProFlowers, Shari’s Berries and Personal Creations, are also continuing to provide floral, specialty foods, gifts and related products to consumers.
The Company’s case has been assigned Case No. 19-11240. The Docket can be accessed at 19-11240 or through the website maintained by the United States Bankruptcy Court for the District of Delaware 19-11240
On December 19, 2019, the Bankruptcy Court entered the Findings of Fact, Conclusions of Law, and Order Confirming Chapter 11 Plan of Liquidation [Docket No. 1037]. On December 30, 2019, the Effective Date of the Plan occurred [Docket No. 1073].
For information regarding SEC Filings click here.
Additional information, including press releases and frequently asked questions, is available on the Company’s restructuring website, www.FTDrestructuring.com.
Telephonic inquiries can be made at: 866-205-3144