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New Chapter 11 Filing – Packable Holdings, LLC.


On August 28, 2022, Hauppauge, N.Y.-based Packable Holdings, LLC, a privately-owned tech-enabled e-commerce company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 22-10797).  The company reports $100 million to $500 million in both assets and liabilities.  According to the first day declaration, the company was unable to obtain a long-term solution to its liquidity needs and was forced to commence a wind-down of its operations.  Therefore, the company filed for chapter 11 protection to facilitate the sale of its assets and ensure that the wind-down is conducted in an orderly and value-maximizing manner.

Cole Schotz does not represent the Debtors in this case.  We are posting this for informational purposes only.  If you have received a notice and have any questions, you should contact Debtors’ counsel.

Cole Schotz’s nationally renowned Bankruptcy & Corporate Restructuring group practices in Delaware, Maryland, New Jersey, New York, and Texas.


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