Samuel Jewelers, Inc.

ABOUT THE CASE

Samuel Jewelers, Inc.

SECTOR: Consumer Discretionary - Retail
CONFIRMED DATE: August 2018
ROLE: Financial Advisor to the Official Committee of Unsecured Creditors
Samuels Jewelers, Inc. (“Samuels Jewelers,” the “Debtor,” or the “Company”) operates a chain of over 120 jewelry stores in 23 states, with approximately 690 employees. The Company offers rings, necklaces, earrings, bracelets, watches, gemstones, and boxes and accessories. Province was retained by the Official Committee of Unsecured Creditors to monitor and enhance the sale process, scrutinize the debtors’ proposed DIP facility for adequate runway to implement sale process, and investigate the Debtors’ pre-petition distributions and payments to parent entity, Gitanjali Gems Ltd.
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