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Published on 4/2/2015 in the Prospect News Distressed Debt Daily.

Karmaloop U.S. Trustee appoints five to unsecured creditors committee

By Caroline Salls

Pittsburgh, April 2 – Karmaloop, Inc.’s official committee of unsecured creditors was appointed Wednesday by acting Region 3 U.S. Trustee Andrew R. Vara, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

The committee members are Howard Sherman of eBay Enterprise, Inc. of King of Prussia, Pa.; Eric Goldstein of Insight Venture Partners VI of New York; Tadd Crave of Over Everything, LLC of New York; Catherine McEnroe; and Salil Gupta of Vcare Technology of Mount Laurel, N.J.

Karmaloop, a Boston-based cross-platform digital commerce and media property company specializing in the sale of global streetwear fashion and culture, filed for bankruptcy on March 24. The Chapter 11 case number is 15-10635.


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