The Walking Company Holdings Inc. has emerged from Chapter 11.
The firm, as previously reported, said it exited bankruptcy with 207 of 210 former locations in tact. It also plans to pay off all debts and credit obligations.
“Entering voluntary Chapter 11 protection with a plan and the continued support of our lenders enabled the company to emerge in an expeditious manner,” said Andrew Feshbach, CEO of The Walking Co., in a written statement released Wednesday. “Today I would like to again thank all of the professionals working on behalf of the company — the unsecured creditors committee, landlords, financial institutions and otherwise — on their diligence in achieving this outstanding result.”
The company originally filed for Chapter 11 bankruptcy protection last December.