Natural Products Group, LLC Files For Chapter 11

Natural Products Group, LLC filed for chapter 11 today at the United States Bankruptcy Court in Delaware.  The debtor is a manufacturer and distributor of personal care products.  The debtor operates through Arbonne of Irvine, CA and Levlad of Chatsworth, CA.  For the 12 month period ending November 30, 2009, Arbonne had approximately $378 million in revenue.  For the same period, Levlad had approximately $73 million in revenue.

According to court documents, the debtor's consolidated balance sheet reflected assets of approximately $286 million and liabilities of approximately $804 million.  (as of 11/30/2009)

The largest unsecured creditor is listed as Wilmington Trust FSB with a bank loan claim of approximately $202 million.

Debtor Name:  Natural Products Group, LLC

Year Filed:  2010

Jurisdiction:  United States Bankruptcy Court / District of Delaware

Asset Size:  100,000,001 to 500,000,000

Case Number:  10-10239

Industry:  Retail, Manufacturing

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