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Ryohin Keikaku unit Muji U.S.A. files Chapter 11 in Delaware court
By Caroline Salls
Pittsburgh, July 10 – Muji U.S.A. Ltd. filed Chapter 11 bankruptcy Friday in the U.S. Bankruptcy Court for the District of Delaware.
Muji is a subsidiary of Tokyo-based Ryohin Keikaku Co., Ltd.
On May 28, Muji U.S.A. announced plans to begin a phased reopening of its retail locations following closure resulting from the Covid-19 pandemic. The reopenings were slated to begin on May 29.
According to court documents, Muji has $50 million to $100 million in both assets and debt.
The company did not list any unsecured creditors with claims of $1 million or more.
No other information on the case had been filed by Friday afternoon.
Greenberg Traurig, LLP is representing Muji in its Chapter 11 proceedings.
Muji is a New York-based apparel and food retailer. The Chapter 11 case number is 20-11805.
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