Loehmann's Creditors Back Ch. 11 Plan
The bankrupt discount chain said that the creditors agreed to support the restructuring plan that the company has filed in the U.S. Bankruptcy Court for the Southern District of New York.
With the unsecured creditors' support, the company expects to emerge from bankruptcy on or before Feb. 18, 2011, Loehmann's said.
Already a subscriber? Click here to login