The US Bankruptcy Court granted an order for the substantive consolidation of the Chapter 7 bankruptcy cases of Tandy Brands Accessories, Inc. and its affiliates on June 17, 2015. The affiliates include TBAC Investment Trust and Tandy Brands Accessories Handbags, Inc. The cases would be substantively consolidated for administrative and procedural purposes. Tandy Brands Accessories, Inc. has been designated as the lead debtor.