Tandy Brands Accessories, Inc., along with its affiliates, filed a motion for substantive consolidation of their Chapter 7 bankruptcy cases in the US Bankruptcy Court on May 1, 2015. As per the motion, the debtor seeks the substantive consolidation of the cases of its affiliates, TBAC Investment Trust and Tandy Brands Accessories Handbags, Inc., with its own case for administrative and procedural purposes. Tandy Brands Accessories, Inc. has been proposed as the lead debtor.