Former FTD subsidiaries’ Chapter 11 bankruptcy cases closed by court

By Caroline Salls

Pittsburgh, Jan. 10 – GUE Liquidation Cos., Inc., formerly FTD, Inc., received court approval for the closure of several of its subsidiaries’ Chapter 11 cases, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the court closed the cases of subsidiary debtors Bloom That, Inc., GUE Liquidation Delivery, Inc., FlowerFarm, Inc., FSC Denver LLC, FSC Phoenix LLC, GUE Liquidation, Inc., GUE Liquidation.CA, Inc., GUE Liquidation.COM, Inc., GUE Liquidation Group, Inc., GUE Liquidation Mobile, Inc., GUE Liquidation Giftco, LLC, Provide Cards, Inc., GUE Liquidation Commerce LLC and GUE Liquidation Creations, Inc.

As previously reported, the plan of liquidation confirmed by the court on Dec. 19 took effect on Dec. 30.

The company said all estate assets were to be transferred to liquidation trusts on the plan effective date, and the debtors’ members, directors, managers and officers and any remaining employees were deemed to have resigned and the debtors dissolved.

The Chapter 11 case of the GUE Liquidation Cos., Inc. debtor will remain open to allow the liquidation trustees to finalize the process of resolving any contested matters and reconcile, object to and resolve claims, as applicable.

FTD is a floral wire service based in Downers Grove, Ill. The company filed bankruptcy on June 3, 2019 under Chapter 11 case number 19-11240.

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