On June 13, 2016 (the "Petition Date"), Draw Another Circle, LLC, et al., and four of its subsidiaries. (the "Debtors") filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code"). The Debtors are represented by Cooley LLP and Whiteford Taylor & Preston LLC. The Debtors continue to operate their businesses and manage their properties as debtors-in-possession.
On June 21, 2015, the United States Trustee appointed the Official Committee of Unsecured Creditors (the "Committee") in the Debtors' bankruptcy case pursuant to Section 1102 of the Bankruptcy Code. The Committee consists of seven members: Universal Studios Home Entertainment, Warner Home Video, Penguin Random House LLC, Funko LLC, Hachette Book Group, Inc., Ingram Entertainment, Inc. and Diamond Comic Distributors, Inc. The Committee has selected the law firm of Lowenstein Sandler LLP and Goldstein & McClintock LLP as its counsels. Ken Rosen is the principal attorney responsible for this engagement. This website was created to assist the Committee in providing information to creditors, as well as to solicit and receive comments from such creditors.