Coldwater Creek Inc. Preference Actions Filed

In the United States Bankruptcy Court for the District of Delaware, Peter Kravitz, as the Liquidating Trustee of the CWC Creditors Liquidating Trust, filed approximately 106 preference actions on March 15, 2016 seeking the avoidance and recovery of allegedly preferential and fraudulent transfers under Sections 547, 548 and 550 of the Bankruptcy Code, along with the disallowance of claims under Section 502(d) and (j).

CWC Liquidating Inc. (f/k/a Coldwater Creek Inc.) (the "Debtors") filed voluntary petitions for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on April 11, 2014 under Chapter 11 of the Bankruptcy Code.  By order dated September 17, 2014, the Court entered an order (the "Confirmation Order") confirming the Modified Third Amended Joint Plan Of Liquidation Of Coldwater Creek Inc. And Its Debtor Affiliates Pursuant To Chapter 11 Of The Bankruptcy Code (the "Plan"), which became effective on September 26, 2014 (the "Effective Date").