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admin 10.05.2015

Certificate VignetteThe Great Train Store Company, a Dallas-based national chain of train-themed toy, hobby and gift stores, filed for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the district of Delaware in February 2000. Under the Chapter 11 proceeding, the Company will continue to operate its business and manage its properties under court supervision as a debtor in possession. Every inch of our stores is filled with the latest and greatest products including: Airsoft Guns, Model Train Sets, Plastic and Die-Cast Models, Gag Gifts and Novelties, Kites, Rockets, Games, Science Kits, Legos, Erector Sets, Slot Car Sets, Disc Golf, Action Figures, Collectibles, Model Paints and Tools, Wooden Ships and Airplanes, Diorama Building Materials, Architectural Modelling Supplies, Art and Craft Sets, Vintage Toys, and of course… Radio Controlled EVERYTHING!
Our highly trained and professional staff is knowledgeable in all aspects of our store inventory.

Perhaps there is no other gift more fun to find under the Christmas tree than a brand new train. The filing was necessitated by the Company's poor performance and the decision of the Company's principal lender not to advance funds at a level sufficient to satisfy the Company's working capital requirements.
To facilitate the reorganization, the Company has obtained debtor in possession financing from its principal lender. A Chapter 11 proceeding is rehabilitative in nature and designed to give a company reasonable time to reorganize its operations and finances while being afforded certain protection from creditors' activities.

With this financing, the Company anticipates it will be able to continue to receive merchandise in a timely manner, and expects to emerge from the reorganization as a stronger and more viable entity.As part of this restructuring, subject to the approval of the Court, the Company currently expects to close up to approximately eleven of its fifty-six stores. Whatever question you may have or item you are looking for, we will do our best to make you a satisfied customer for life!

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