Peekay Acquisition, LLC, along with sixteen (16) of its affiliates and subsidiaries, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 17-11722). Headquartered in Auburn, Washington, Peekay is a leading specialty retailer of a broad selection of lingerie, sexual health and wellness products and accessories. The Debtors estimate their assets between $10 -$50 million and their liabilities between $50 – $100 million. According to the First Day Declaration, the Peekay enters Chapter 11 seeking a competitive sale process. Peekay’s Term Lenders have submitted a bid to serve as stalking horse during this sale process. Rust Consulting/Omni Bankruptcy is the proposed claims and noticing agent. The cases have been assigned to the Honorable Kevin J. Carey.