QVC Group, Inc.
Case No. 26-90447
Case Background
On April 16, 2026, QVC Group, Inc. and certain of its U.S. subsidiaries, including QVC, Inc. (collectively, “QVC Group” or the “Company”), commenced voluntary Chapter 11 proceedings (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”). QVC Group’s international operations are not included in this process.
The Chapter 11 Cases are jointly administered under Case No. 26-90447 (the “Main Case Docket”). The case is being administered by the Honorable Judge Alfredo R. Perez.
The Company commenced these proceedings after entering into a Restructuring Support Agreement (the “RSA”) with holders representing a significant majority of the Company’s outstanding funded debt. The RSA outlines the terms of a comprehensive prepackaged financial restructuring plan that will substantially reduce the Company’s debt. As a result, the Company’s financial position will be strengthened as it continues advancing its transformational WIN Growth Strategy to drive long-term growth and profitability as a leader in live social shopping. The newly deleveraged company will emerge as Reorganized QVC, Inc.
All QVC Group brands are operating as usual, including customer-facing operations in the UK, Germany, Japan, and Italy. The Company continues to serve its millions of customers across all channels and platforms for QVC, HSN, and Cornerstone Brands.
The Company is entering this process with more than $1 billion in cash on hand. Together with cash generated from ongoing operations, it has ample liquidity to meet its business obligations. Under the terms of the RSA, all third-party general unsecured creditors will be unimpaired, with their claims to be paid in full or reinstated.
Due to the prepackaged nature of the financial restructuring, the Company expects to complete this process on an expedited basis and, pursuant to the RSA, is targeting emergence within approximately 90 days.
Additional information regarding the court-supervised financial restructuring process is available at forward.qvcgrp.com.
Important Information & Dates
Plan & Disclosure Statement
On April 17, 2026, the Debtors filed their Joint Prepackaged Plan of Reorganization (as subsequently amended, the "Plan") and the Disclosure Statement related thereto. A combined hearing to consider the adequacy of the Disclosure Statement and confirmation of the Plan commenced on June 4, 2026, at 1:00 p.m. (CT), and, was continued on June 5, 2026, at 3:00 p.m. (CT), June 8, 2026, at 9:00 a.m. (CT), and June 9, 2026, at 1:00 p.m. (CT), with such further dates thereafter as may be determined by the Court.
Please click below to view all documents related to the Debtors' Plan & Disclosure Statement:
First Day Hearing
A hearing on the Debtors' First Day Motions was held on April 17, 2026, at 1:00 p.m. (CT) before the Honorable Alfredo R. Perez, United States Bankruptcy Court for the Southern District of Texas. A final hearing on certain of the Debtors' First Day Motions was held on May 18, 2026, at 1:00 p.m. (CT).
Please click below to view and download the Debtors' First Day Motions and Orders:
Parties
Debtors' Counsel
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Kirkland & Ellis LLP
601 Lexington Avenue
New York, NY 10022
https://www.kirkland.com/
Phone: 212.446.4800
Fax: 212.446.4900
Joshua A. Sussberg
Aparna Yenamandra
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Kirkland & Ellis LLP
333 West Wolf Point Plaza
Chicago, IL 60654
https://www.kirkland.com/
Phone: 312.862.2000
Fax: 312.862.2200
Chad J. Husnick
Gabriela Zamfir Hensley
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Gray Reed
1300 Post Oak Blvd.
Suite 2000
Houston, TX 77056
https://www.grayreed.com/
Phone: 713.986.7000
Fax: 713.986.7100
Jason S. Brookner
Lydia R. Webb
Emily F. Shanks
United States Trustee and Court Information
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Office of the United States Trustee
515 Rusk Street
Suite 3516
Houston, TX 77002
https://www.justice.gov/ust-regions-r07/region-7-southern-district-texas-houston-division
Phone: 713.718.4650
Fax: 713.718.4670
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United States Bankruptcy Court, Southern District of Texas
United States Courthouse
515 Rusk Street
Houston, TX 77002
https://www.txs.uscourts.gov/page/bankruptcy-court
Phone: 713.250.5500
Debtors
| Case Number | Debtor Name | Petition Date |
|---|---|---|
| Case Number 26-90446 | Debtor Name QVC San Antonio, LLC | Petition Date April 16, 2026 |
| Case Number 26-90447 | Debtor Name QVC Group, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90448 | Debtor Name Affiliate Distribution & Mktg., Inc. | Petition Date April 16, 2026 |
| Case Number 26-90449 | Debtor Name Affiliate Investment, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90450 | Debtor Name Affiliate Relations Holdings, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90451 | Debtor Name AMI 2, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90452 | Debtor Name Ballard Designs, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90453 | Debtor Name Cinmar, LLC | Petition Date April 16, 2026 |
| Case Number 26-90454 | Debtor Name Contract Décor, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90455 | Debtor Name Cornerstone Brands, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90456 | Debtor Name Cornerstone Shared Services, LLC | Petition Date April 16, 2026 |
| Case Number 26-90457 | Debtor Name Diamonique Canada Holdings, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90458 | Debtor Name DMS DE, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90459 | Debtor Name ER Development International, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90460 | Debtor Name ER Marks, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90461 | Debtor Name FrontGate Marketing, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90462 | Debtor Name Garnet Hill, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90463 | Debtor Name GC Marks, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90464 | Debtor Name Home Shopping Network En Español, L.L.C. | Petition Date April 16, 2026 |
| Case Number 26-90465 | Debtor Name Home Shopping Network En Español, L.P. | Petition Date April 16, 2026 |
| Case Number 26-90466 | Debtor Name HSN Catalog Services, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90467 | Debtor Name HSN Holding LLC | Petition Date April 16, 2026 |
| Case Number 26-90468 | Debtor Name HSN Improvements, LLC | Petition Date April 16, 2026 |
| Case Number 26-90469 | Debtor Name HSN, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90470 | Debtor Name HSNi, LLC | Petition Date April 16, 2026 |
| Case Number 26-90471 | Debtor Name IC Marks, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90472 | Debtor Name Ingenious Designs LLC | Petition Date April 16, 2026 |
| Case Number 26-90473 | Debtor Name Innovative Retailing, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90474 | Debtor Name Liberty Acorns, LLC | Petition Date April 16, 2026 |
| Case Number 26-90475 | Debtor Name Liberty Quid, LLC | Petition Date April 16, 2026 |
| Case Number 26-90476 | Debtor Name Liberty QVC Holding, LLC | Petition Date April 16, 2026 |
| Case Number 26-90477 | Debtor Name Liberty Solar Energy LLC | Petition Date April 16, 2026 |
| Case Number 26-90478 | Debtor Name Liberty USA Holdings, LLC | Petition Date April 16, 2026 |
| Case Number 26-90479 | Debtor Name LIC Britco, LLC | Petition Date April 16, 2026 |
| Case Number 26-90480 | Debtor Name LIC Israel Investment, LLC | Petition Date April 16, 2026 |
| Case Number 26-90481 | Debtor Name Live Shop Ventures, LLC | Petition Date April 16, 2026 |
| Case Number 26-90482 | Debtor Name NLG Merger Corp. | Petition Date April 16, 2026 |
| Case Number 26-90483 | Debtor Name NSTBC, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90484 | Debtor Name QC Marks, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90485 | Debtor Name QHealth, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90486 | Debtor Name QLocal, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90487 | Debtor Name Qurate Digital Ventures, LLC | Petition Date April 16, 2026 |
| Case Number 26-90488 | Debtor Name Qurate Retail Group, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90489 | Debtor Name Ventana Television, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90490 | Debtor Name QVC Chesapeake, LLC | Petition Date April 16, 2026 |
| Case Number 26-90491 | Debtor Name Ventana Television Holdings, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90492 | Debtor Name QVC China, Inc | Petition Date April 16, 2026 |
| Case Number 26-90493 | Debtor Name The Cornerstone Holdings Group, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90494 | Debtor Name The Cornerstone Brands Group, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90495 | Debtor Name Liberty Interactive LLC | Petition Date April 16, 2026 |
| Case Number 26-90496 | Debtor Name Streaming Commerce Ventures, LLC | Petition Date April 16, 2026 |
| Case Number 26-90497 | Debtor Name QRI Cornerstone, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90498 | Debtor Name QVC Delaware Holdings, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90499 | Debtor Name Shopping Holdings, LLC | Petition Date April 16, 2026 |
| Case Number 26-90500 | Debtor Name QVC Delaware LLC | Petition Date April 16, 2026 |
| Case Number 26-90501 | Debtor Name QVC, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90502 | Debtor Name QVC GCH Company, LLC | Petition Date April 16, 2026 |
| Case Number 26-90503 | Debtor Name QVC Global Corporate Holdings, LLC | Petition Date April 16, 2026 |
| Case Number 26-90504 | Debtor Name QVC Vendor Development, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90505 | Debtor Name QVC Global DDGS, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90506 | Debtor Name QVC Suffolk, LLC | Petition Date April 16, 2026 |
| Case Number 26-90507 | Debtor Name QVC Global Holdings I, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90508 | Debtor Name QVC St. Lucie, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90509 | Debtor Name QVC Global Markets SARL | Petition Date April 16, 2026 |
| Case Number 26-90510 | Debtor Name QVC Shop International, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90511 | Debtor Name QVC HK Holdings, LLC | Petition Date April 16, 2026 |
| Case Number 26-90512 | Debtor Name QVC Rocky Mount, Inc. | Petition Date April 16, 2026 |
| Case Number 26-90513 | Debtor Name QVC India, Ltd. | Petition Date April 16, 2026 |
| Case Number 26-90514 | Debtor Name QVC Realty LLC | Petition Date April 16, 2026 |
| Case Number 26-90515 | Debtor Name QVC Italy Holdings, LLC | Petition Date April 16, 2026 |
| Case Number 26-90516 | Debtor Name QVC Ontario, LLC | Petition Date April 16, 2026 |
| Case Number 26-90517 | Debtor Name QVC Japan Services, LLC | Petition Date April 16, 2026 |
| Case Number 26-90518 | Debtor Name QVC Northeast, LLC | Petition Date April 16, 2026 |
| Case Number 26-90519 | Debtor Name QVC Ontario Holdings, LLC | Petition Date April 16, 2026 |