Express, Inc., along with its 11 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on April 22, 2024. The debtor listed both its assets and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Domenic E. Pacitti of Klehr Harrison Harvey Branzburg LLP, Kirkland & Ellis LLP and Kirkland & Ellis International LLP as its legal counsels.

The debtor also hired Moelis & Company LLC as its investment banker, M3 Advisory Partners, LP as restructuring advisor and Stretto, Inc. as claims and noticing agent.