Fossil Watch - first U.S. bankruptcy hearing 11/12/2025 for the iconic watchmaker

This seems like it could be one of those cases that is structured backwards, or as some English practitioners refer to the backwards case structuring - round tripping of the U.S. debt. The court closes the hearing with that parties shouldn't rely on what the court did in this case as precedent for future cases.

Per Google AI:

Fossil (UK) Global Services Ltd. is a UK subsidiary of the fashion accessories company