Law360, New York (December 01, 2008, 12:00 AM ET) -- Opening the way for the sale of bankrupt department store chain Boscov’s Inc., a federal judge has affirmed a bankruptcy court’s rejection of financial services conglomerate HSBC’s objection to the deal concerning a store credit card program.
On Nov. 25, the U.S. District Court for the District of Delaware affirmed an opinion against HSBC made just four days earlier by a U.S. Bankruptcy Court for the District of Delaware judge, who called the banking giant’s concerns “dubious.”
The district court’s decision was reached in time for...
HSBC Loses Appeal Over Boscov's Credit Cards
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