Case number: 4:24-bk-90621 - Party City Holdco Inc. and Official Committee Of Unsecured Creditors - Texas Southern Bankruptcy Court

Case Information
  • Case title

    Party City Holdco Inc. and Official Committee Of Unsecured Creditors

  • Court

    Texas Southern (txsbke)

  • Chapter

    11

  • Judge

    Alfredo R Perez

  • Filed

    12/21/2024

  • Last Filing

    08/28/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
LEAD, COMPLX, COMPLX, DUPFILER, CLMAGT



U.S. Bankruptcy Court
Southern District of Texas (Houston)
Bankruptcy Petition #: 24-90621

Assigned to: Bankruptcy Judge Alfredo R Perez
Chapter 11
Voluntary
Asset


Date filed:  12/21/2024

Debtor

Party City Holdco Inc.

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 46-0539758
aka
PC Topco Holdings, Inc.


represented by
John F Higgins, IV

Porter Hedges LLP
1000 Main St, 36th Floor
Houston, TX 77002
713-226-6000
Fax : 713-226-6248
Email: jhiggins@porterhedges.com

Michael Shane Johnson

Porter Hedges LLP
1000 Main Street, 36th Floor
Houston, TX 77002
713-226-6769
Fax : 713-226-6369
Email: sjohnson@porterhedges.com

Aaron J Power

Porter Hedges LLP
1000 Main 36th Flr
Houston, TX 77002
713-226-6000
Fax : 713-226-6231
Email: apower@porterhedges.com

Megan Young-John

Porter Hedges LLP
1000 Main St.
36th Floor
Houston, TX 77002
713-226-6625
Email: myoung-john@porterhedges.com

Debtor

Amscan Inc.

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 13-1771359

represented by
Amscan Inc.

PRO SE



Debtor

Am-Source, LLC

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 05-0518427

represented by
Am-Source, LLC

PRO SE



Debtor

Party City Corporation

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 22-3033692

represented by
Party City Corporation

PRO SE



Debtor

Party City Holdings Inc.

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 20-1033029

represented by
Party City Holdings Inc.

PRO SE



Debtor

PC Intermediate Holdings, Inc.

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 46-0621229

represented by
PC Intermediate Holdings, Inc.

PRO SE



Debtor

Trisar, Inc.

100 Tice Blvd.
Woodcliff Lake, NJ 07677
BERGEN-NJ
Tax ID / EIN: 95-3420659

represented by
Trisar, Inc.

PRO SE



U.S. Trustee

US Trustee

Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002

represented by
Alicia Lenae Barcomb

DOJ-U.S. Trustee
515 Rusk
Suite 3516
Houston, TX 77002
713-718-4661
Email: alicia.barcomb@usdoj.gov

Jana Smith Whitworth

Office of United States Trustee
515 Rusk Street, Suite 3516
Houston, TX 77002
(713) 718-4650
Fax : (713) 718-4670
Email: jana.whitworth@usdoj.gov

Creditor Committee

Official Committee Of Unsecured Creditors
represented by
Theodore S. Heckel

Pachulski Stang Ziehl & Jones LLP
700 Louisiana Street, Suite 4500
Houston, TX 77002
713-691-9385
Email: theckel@pszjlaw.com

Maxim Boris Litvak

Pachulski Stang Ziehl & Jones LLP
One Sansome Street
34th Floor, Suite 3430
San Francisco, CA 94104-4436
415-263-7000
Fax : 415-263-7010
Email: mlitvak@pszjlaw.com

Latest Dockets

Date Filed#Docket Text
08/28/20251830BNC Certificate of Mailing. (Related document(s):[1820] Order Setting Hearing) No. of Notices: 127. Notice Date 08/28/2025. (Admin.)
08/27/20251829AO 435 TRANSCRIPT ORDER FORM (3-Day) by Aaron J. Power. This is to order a transcript of 8/27/2025 before Judge Alfredo R. Perez. Court Reporter/Transcriber: Veritext Legal Solutions. (Filed By Party City Holdco Inc.). (Power, Aaron). Electronically forwarded to Veritext Legal Solutions on 8/28/2025. Estimated completion date: 8/31/2025. Modified on 8/28/2025 (dmm4).
08/27/20251828PDF with attached Audio File. Court Date & Time [ 8/27/2025 9:00:01 AM ]. File Size [ 34023 KB ]. Run Time [ 01:10:53 ]. (admin).
08/27/20251827Findings of Fact, Conclusions of Law, and Order (I) Approving the Debtors' Disclosure Statement on a Final Basis and (II) Confirming the Joint Chapter 11 Plan of Liquidation of Party City Holdco Inc. and Its Debtor Affiliates, Signed on 8/27/2025 (Related document(s):[1672] Amended Chapter 11 Plan, [1675] Amended Disclosure Statement, [1687] Order Setting Hearing, [1760] Notice, [1798] Affidavit, [1808] Witness List, Exhibit List) (abh4)
08/27/20251826Courtroom Minutes. Time Hearing Held: 9:00 am to 10:11 am. Appearances: see log. Additional appearances: Theodore Heckel, Robert Feinstein, and Bradford Sandler. Witnesses sworn and testified: Ian Heller, James Clarke, and Craig Johnson. Admitted exhibits: ECF Nos. 1808-1, 1808-2, 1808-3, and1808-4 are admitted as direct testimony;1808-12, 1808-13, 1808-14, 1808-15. Confirmation and motion hearing held. Oral argument heard on the record. Motion [1803] is approved on a preliminary basis and the final hearing is set for 10/17/2025 at 10:00 AM CST by telephone/video conference. The Court confirms the plan on the record. The correct number of members in the class is 336. ERO: yes. (Related document(s):[1687] Order Setting Hearing, [1803] Emergency Motion (with hearing date)) (abh4)
08/27/20251825Order (I) Preliminary Approving Settlement Agreement, (II) Approving Notice to Class Members, (III) Scheduling a Final Fairness Hearing; and (IV) Granting Related Relief, Signed on 8/27/2025 (Related document(s):[1803] Emergency Motion (with hearing date)) Hearing scheduled for 10/17/2025 at 10:00 AM at telephone and video conference. (abh4)
08/27/20251824Amended Agenda for Hearing on 8/27/2025 (Filed By Party City Holdco Inc. ). (Power, Aaron)
08/27/20251823Notice of Filing of Revised Proposed Findings of Fact, Conclusions of Law, and Order (I) Approving the Debtors' Disclosure Statement on a Final Basis and (II) Confirming the Joint Chapter 11 Plan of Liquidation of Party City Holdco Inc. and its Debtor Affiliates. (Related document(s):[1672] Amended Chapter 11 Plan, [1675] Amended Disclosure Statement, [1687] Order Setting Hearing, [1760] Notice, [1798] Affidavit, [1808] Witness List, Exhibit List, [1814] Proposed Findings of Fact and Conclusions of Law) Filed by Party City Holdco Inc. (Attachments: # (1) Proposed Order # (2) Exhibit 1 - redline) (Johnson, Michael)
08/27/20251822Order Granting Motion for Lisa Bittle Tancredi To Appear pro hac vice (Related Doc [1817]) Note: Instructions to request Texas Southern CM/ECF registration through PACER are found here Signed on 8/27/2025. (abh4)
08/26/20251821Notice of Adjournment of Hearing on Debtors' Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Use Cash Collateral and (B) Grant Liens and Provide Superpriority Administrative Expense Claims, (II) Granting Adequate Protection to Certain Prepetition Secured Parties, (III) Modifying the Automatic Stay, (IV) Scheduling a Final Hearing, and (V) Granting Related Relief. (Related document(s):[1701] Order Setting Hearing, [1820] Order Setting Hearing) Filed by Party City Holdco Inc. (Johnson, Michael)