LIT International Group, Inc., doing business as LIT Boutique, filed for Chapter 7 bankruptcy on December 11. Through this filing, the women’s clothing boutique plans to liquidate its assets under the guidance of the court.
LIT International Group, Inc. Enters Bankruptcy Proceedings
According to the latest details on PACER, LIT International Group, Inc. filed in the U.S. Bankruptcy Court for the District of Massachusetts. The Boston-based boutique business filed a voluntary petition for the Chapter 7 process.
Attorney Richard N. Gottlieb of the Law Office of Richard N Gottlieb is representing LIT International Group, Inc. in the bankruptcy proceedings. Judge Christopher J Panos is overseeing the case.
Company Background
LIT International Group, Inc., operating as LIT Boutique, offers a range of women’s designer clothing and accessories. The Boston-based boutique carries dresses, loungewear, bodysuits, basic tops, denim, shorts, and other contemporary styles.
Founded in 2005 as a small local chain, the boutique expanded to three locations, and currently operates at its original store on Newbury Street, Boston, only. However, through the years, the Boston-based store expanded into the global market through its online presence.
Case Related Details
The official petition that started the Chapter 7 process for LIT International Group, Inc. included schedules listing assets, debts, creditors, and financial history. While representing the boutique business, attorney Richard N. Gottlieb submitted $338 as the court filing fee.
The filing details further state that the attorney of the Boston-based business disclosed a compensation of $4,500 in the bankruptcy proceedings.
Here are other basic details related to the Chapter 7 filing by LIT International Group, Inc.:
- Filing Date: December 11, 2025
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Massachusetts
- Type of Filing: Active, Voluntary Petition
- Chapter: 7
- Case Number: 1:25-bk-12685
- Estimated Assets: $0 – $50,000
- Estimated Liabilities: $1,000,001 – $10 million
- Reason for Filing: Sale of assets calls for court supervision
The filing further notes that LIT International Group, Inc. signed the petition, declaration regarding schedules, Statement of Financial Affairs, Verification of mailing Matrix and Rule 7007.1, and Corporate Ownership Statement.
Harold B. Murphy was appointed as the Interim Trustee in the bankruptcy case of LIT International Group, Inc. The filing details add that the meeting of creditors is set to take place on January 13, 2026, at 09:30 AM via Zoom. Additionally, creditors of the women’s clothing business must submit their proof of claims by February 19, 2026. The Government Proofs of Claims must be filed by June 9, 2026.
Once the latest Chapter 7 filing is completed, the boutique retailer’s remaining assets will be liquidated, thereby ending its operations under the court’s guidance.
