Owner Of Steve & Barry's To Be Liquidated

Law360, New York (November 17, 2010, 4:32 PM EST) -- A bankruptcy judge has ordered the Chapter 11 case of BH S&B Holdings LLC — owner of the defunct Steve & Barry’s discount clothing chain — to be converted to a Chapter 7 liquidation at the request of the U.S. trustee, who said the company was administratively insolvent and incapable of reorganization.

Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York signed off on the conversion Tuesday, giving the debtors 15 days to submit a list of unpaid debts to...
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