💥New Chapter 11 Bankruptcy - Basic Fun Inc.💥
Toy manufacturer succumbs to Toys R Us' demise, COVID, and shifting consumer preferences.
Damn it! Can’t we at least have our f*cking toys!!
On June 28, 2024, FL-based Basic Fun Inc. (“Basic Fun”) and four affiliates (collectively, the “debtors” or the “company”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Goldblatt). The debtors are purveyors of fun — a “global children’s entertainment company,” founded in 2009 by Ja…