December 7, 2017 / 1:04 AM / 8 months ago

Toys 'R' Us creditors look to speed up probe of pre-bankruptcy deals

Unsecured creditors of Toys ‘R’ Us on Tuesday sought a court order to begin investigating the retailer’s pre-bankruptcy deals, loans between its units and payments to its equity sponsors to determine if they will challenge transactions by a February deadline.

The official committee of unsecured creditors of the largest U.S. toy store chain said in court papers it wants an order giving it the green light for a Bankruptcy Rule 2004 exam to get quickly more information on the deals, transfers and payments.

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