18-12057

United States Bankruptcy Court
District of Delaware

The Honorable Kevin Gross

On September 11, 2018, Kraus Brands Inc., Kraus Canada Ltd., Kraus Carpet Inc., Kraus Properties Inc., Kraus USA Inc., and Strudex Inc. (collectively, the “Kraus Group” or the “Applicants”) sought and obtained protection pursuant to the Companies’ Creditors Arrangement Act (the “CCAA”) before the Ontario Superior Court of Justice (the “Court”). Deloitte Restructuring Inc. has been appointed as monitor in the Applicants’ CCAA proceedings (the “Monitor”) pursuant to the Initial Order of the Court dated September 11, 2018 (the “Initial Order”). Copies of the Initial Order and the Applicants’ application materials have been posted on the Monitor’s website at: http://www.insolvencies.deloitte.ca/en-ca/kraus.

For additional information on the Canadian proceeding, please contact the monitor at (416) 354-0883 or e-mail the monitor at  kraus@deloitte.ca