Facing financial strain, BP Retail TX, LLC has filed for Chapter 11 bankruptcy. The company plans to restructure its finances and continue operations under court supervision.
Highlights
- BP Retail TX, LLC, has filed for bankruptcy in the U.S. Bankruptcy Court for the Middle District of Tennessee.
- The court proceedings will undergo joint administration alongside other affiliated entities.
- The company filed for Chapter 11 to restructure its finances and organization.
Texas-Based BP Retail TX, LLC Filed for Chapter 11 Bankruptcy
According to a report by PacerMonitor, BP Retail TX, LLC recently filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the
Tennessee Middle Bankruptcy Court on August 21, 2025, as a voluntary filing under case number 25-03484.
BP Retail TX, LLC operates Batteries Plus franchise locations across Texas, offering batteries, lighting products, and device repair services. The stores carry batteries for everything from cars and motorcycles to boats, phones, and laptops, as well as solutions for commercial clients.
Court documents show BP Retail TX, LLC is wholly owned by BP Retail Partners Inc., which has also filed for bankruptcy protection along with affiliated entity R&R Tenn Real Estate Holdings LLC.
The company has filed for Chapter 11 protection to restructure its finances and recover from the stress. The company has requested to undergo joint administrative proceedings, alongside other affiliated entities.
The filing shows that the company has assets and liabilities falling in the $1 million to $10 million range. The creditors reported in the filing are between 1 and 50. Under Chapter 11, the company will be able to gain protection from creditors and time to restructure itself.
Under court oversight, the company is expected to outline a repayment plan for creditors and may seek new investment. By stabilizing its finances, the company hopes to concentrate on strengthening operations.
Proceedings to Undergo Joint Administration
BP Retail TX, LLC has submitted a request for joint administration proceedings for the case. This means that the case will be handled together with other related cases; that is, alongside affiliated entities for efficiency. The move streamlines proceedings by consolidating hearings and filings.
If approved, the filing will allow the company to draft a reorganization plan under court oversight. The plan would focus on financial recovery and operational improvements. Meanwhile, when the court accepts the request for joint administration proceedings, the cases can proceed together with ease.
