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  1. KidKraft Inc., an industry leader in children's imaginative toys and outdoor play products, and 10 affiliates on May 10 filed for a prepackaged Chapter 11 Bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas in Dallas, that calls for the debtor to sell substantially all of its assets to Backyard Products, the nation's largest maker of backyard sheds and playsets.
    www.msn.com/en-us/money/companies/iconic-toy-company-files-chapter-11-bankruptcy-seeks-sale/ar-BB1mbNpB
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    KB Toys - Wikipedia

    In February 2005, KB Toys' creditors, including Hasbro and Lego, accused the company's top executives and majority shareholders of improperly providing themselves with multimillion-dollar payments prior to the bankruptcy. See more

    K·B Toys (also known as Kay Bee Toys) was an American chain of mall-based retail toy stores. The company was founded in 1922 as Kaufman Brothers, a wholesale candy store. The company opened a wholesale toy store … See more

    In December 1999, The Equal Rights Center (TERC) and two black customers filed a federal lawsuit against KB Toys over one of the company's policies in which personal checks could not be used to pay for purchases at certain stores that experienced … See more

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    Brothers Harry and Joseph Kaufman originally opened a wholesale candy store, Kaufman Brothers, in Pittsfield, Massachusetts on April 1, 1922. During the 1940s, the … See more

     
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