Toys “R” Us – September M.O.R. Reports $14 million in Professional Fees; Total to Date Now at $345 million

Register, or to view the article

October 31, 2018 – Toys “R” Us filed with the U.S. Bankruptcy Court a monthly operating report for the period of September 2, 2018 to September 29, 2018 [Docket No. 5455]. For the period, the Company reported an operating loss of $34 million and a net loss of $47 million on zero in net sales. The consolidated Debtors also reported $30 million in depreciation and amortization and $6 million in selling, general and administrative expenses. Payments to professionals for the period were $14 million, including $5.9 million to Kirkland & Ellis bringing their transaction total to $36.9 million.

Read more Bankruptcy News