Jeans retailer True Religion Apparel Inc., filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court and expects to obtain confirmation of its pre-arranged reorganization plan in three to four months.

The Los Angeles-based retailer has secured investor support for a comprehensive financial recapitalization from a substantial majority of its lenders and its sponsor, TowerBrook Capital Partners.

The company plans to cut its debt by over…

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