 The purchase agreement required approval of the bankruptcy court which was scheduled to hear the case on July 23.In November 2009, the new company, Ritz Camera & Image, LLC (RCI) opened five new stores, with a total open of about 300, with a wider range of products, including televisions, compact laptop computers, and smartphones.On June 22, 2012, Ritz Camera & Image filed for Chapter 11 bankruptcy protection again and closed 128 of its stores.