The corporate mentioned it can make settlement gross sales in its shops whereas concurrently finishing up a technique of sale and advertising and marketing supervised by the Courtroom for some or all its property.
Within the case of a profitable sale, Perpetually 21 mentioned it may possibly transfer away from a whole wind of operations to facilitate a transaction to make us.
The corporate mentioned that its shops and its web site on america will stay open and proceed to serve clients, and that their worldwide shops usually are not affected.
Perpetually 21 listed its estimated property within the vary of $ 100 million to $ 500 million, in line with a presentation earlier than a chapter courtroom within the District of Delaware, with liabilities within the vary of $ 1 billion to $ 5 billion. The presentation additionally confirmed the collectors within the vary of 10,001 to 25,000.
