CRG Financial LLC Purchases 4 Claims in Francesca’s Holdings Corporation Bankruptcy
January 22, 2021, Delaware – CRG Financial buys claims over $200k in Francesca’s Holdings Corporation bankruptcy case in the third week of January.
CRG is an investment firm, specializing in purchasing all levels of debt in chapter 11 and chapter 7 cases, including trade receivables from vendors and service providers.
The transferors of claim include – Ad N ArtInc, Cai Design Inc., Flora Bunda Inc., Shiraleah LLC for $34,200.00 (scheduled) and $37,000.00 (proof of claim), $38,013.12, $6,231.00, $31,046.00 respectively under Docket nos. #334, #335, #336, #367 in the United States Bankruptcy Court for the District of Delaware.
Recently, CRG also purchased claims worth $100k in Randolph Hospital Inc. bankruptcy.
Boutique women’s clothing chain Francesca’s Holdings Corp. filed for bankruptcy after the pandemic eroded the company’s already flagging sales. The Houston-based company sought Chapter 11 protection in U.S. Bankruptcy Court in Delaware last year in December 2020.