Creditors Appeal Fight With Steve & Barry's Owners

By Mike Cherney

Law360, New York (February 26, 2010, 6:36 PM ET) -- The unsecured creditors of BH S&B Holdings LLC, which purchased the Steve & Barry’s clothing store chain out of bankruptcy in August 2008, took their case to district court Friday, after a bankruptcy court rejected their argument that the hedge fund conglomerates that owned BH S&B ran the retailer into the ground.

The unsecured creditors filed their brief in the U.S. District Court for the Southern District of New York, saying the hedge funds were attempting to hide behind the corporate shell of BH S&B and...
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