What was the case number for the GNC Holdings, Inc. bankruptcy mentioned in the Del Taco FDD?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
GNC Holdings, Inc. Bankruptcy (United States Bankruptcy Court, District of Delaware, Case No. 20- 11662). Prior to joining us and our affiliates, Ryan Ostrom, our Chief Brand Officer, was Chief Brand Officer and Steven Piano, our Chief People Officer, was Chief Human Resources Officer of GNC Holdings, LLC (formerly constituted as GNC Holdings, Inc.). While Mr. Ostrom and Mr. Piano were employed by GNC Holdings, Inc., that entity (and certain affiliated entities) filed for Chapter 11 bankruptcy protection on June 23, 2020. The plan of reorganization was confirmed on October 14, 2020. GNC Holdings, Inc. was reorganized as Vitamin OldCo Holdings, Inc. with the principal business address of 300 Sixth Avenue, Pittsburgh, PA 15222, and was later converted to GNC Holdings, LLC. GNC Holdings, Inc., Vitamin OldCo Holdings, Inc., and GNC Holdings, LLC were not at the time of the bankruptcy filing, nor are they now, related in any way to us or our affiliates.
Other than the matter noted, no bankruptcy information is required to be disclosed in this Item.
Source: Item 4 — BANKRUPTCY (FDD page 16)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the case number for the GNC Holdings, Inc. bankruptcy was Case No. 20-11662, which took place in the United States Bankruptcy Court, District of Delaware. The document mentions that prior to joining Del Taco, Ryan Ostrom, Del Taco's Chief Brand Officer, and Steven Piano, Del Taco's Chief People Officer, held similar positions at GNC Holdings, LLC (formerly GNC Holdings, Inc.).
The filing for Chapter 11 bankruptcy protection occurred on June 23, 2020, and the reorganization plan was confirmed on October 14, 2020. Following the reorganization, GNC Holdings, Inc. became Vitamin OldCo Holdings, Inc., with a principal business address in Pittsburgh, PA. Later, it was converted to GNC Holdings, LLC. The Del Taco FDD emphasizes that GNC Holdings, Inc., Vitamin OldCo Holdings, Inc., and GNC Holdings, LLC were not, and are not currently, related to Del Taco or its affiliates.
This disclosure is included in the Del Taco FDD to provide transparency regarding the backgrounds of key personnel and to assure prospective franchisees that the bankruptcy of GNC Holdings, Inc. does not affect Del Taco. The FDD explicitly states that no other bankruptcy information is required to be disclosed, indicating that Del Taco itself has not been involved in any bankruptcy proceedings that would be relevant to potential franchisees.