Kirkland Advises JOANN on Chapter 11 Filing
January 22, 2025
January 22, 2025
CHICAGO, Illinois, Jan. 22 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised JOANN Inc., the nation's category leader in sewing and fabrics, on its voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to maximize the value of its business, with Gordon Brothers Retail Partners, LLC serving as the proposed "stalking horse" bidder.
JOANN stores . . .
Kirkland & Ellis advised JOANN Inc., the nation's category leader in sewing and fabrics, on its voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate a sale process to maximize the value of its business, with Gordon Brothers Retail Partners, LLC serving as the proposed "stalking horse" bidder.
JOANN stores . . .