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Delta Apparel Seeks Bankruptcy Protection, Restructures With Major Asset Sale

Benzinga ·  Jul 1 19:24

On June 30, 2024 (the "Petition Date"), Delta Apparel, Inc. (the "Company") and its domestic direct and indirect subsidiaries (collectively with the Company, the "Debtors"), including Salt Life Beverage, LLC and Salt Life, LLC ("Salt Life"), filed voluntary petitions (the "Chapter 11 Cases") under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). The Debtors have requested that the Bankruptcy Court administer the Chapter 11 Cases jointly under the caption,In re: Salt Life Beverage, LLC, et al, Case No. 24-11468 (LSS).

The Debtors will continue to operate their businesses...

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