Brookstone Says It Hasn't Decided Whether To Seek Ch. 11

Law360, New York (February 13, 2014, 7:14 PM EST) -- Specialty retailer  Brookstone Inc. said Thursday that it is reviewing options for restructuring its debt but has not decided whether it will seek bankruptcy despite rumors that it may file within weeks.

The Merrimack, N.H.-based company, known for its “lifestyle” gadgets like massage chairs, issued a statement saying it has not yet decided whether or not it will engage in a “court-supervised restructuring.” Brookstone released the statement following a Wall Street Journal report that cited people familiar with the matter saying the company may file in...
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