Toys `R Us News

Toys ‘R’ Us Creditors’ Lawsuit Accuses Directors, Private-Equity Owners of Fraud

Toys “R” Us Inc. creditors filed a lawsuit accusing the defunct retailer’s executives and private-equity owners of fraud and breach of fiduciary trust. Former Chief Executive Officer David Brandon and other directors misrepresented the toy seller’s ability to repay creditors …

Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago

When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …

Toys ‘R’ Us Facing Credit Insurance Woes As It Restructures

Insurance companies are cutting back on their coverage of Toys “R” Us Inc. suppliers, bringing another headache to a retailer that has suffered more than two years of losses, people familiar with the matter said. Coface SA and Euler Hermes …

Massachusetts High Court Affirms $20.6M Award in Slide Death

The highest court in Massachusetts upheld a $20.6 million jury award on Sept. 13 for the family of a woman who died after hitting her head on a concrete pool deck when an inflatable slide partially collapsed. A jury awarded …

$20M Verdict Upheld in Massachusetts Pool Slide Lawsuit

A Massachusetts judge has upheld a $20 million jury award to the family of a Colorado woman who died after a Toys `R Us inflatable pool slide partially collapsed. In October, a jury ordered Toys “R Us to pay the …

Massachusetts Jury Returns $20M Verdict in Pool Slide Suit

A Massachusetts jury has ordered Toys `R Us to pay more than $20 million to the family of a woman who was killed when an inflatable pool slide partially collapsed at a 2006 party. The Salem Superior Court verdict, returned …