Judge Converts Enesco Group Case To Ch. 7

Law360, New York (July 30, 2008, 12:00 AM EDT) -- Attempts to revive struggling gift and decor company Enesco Group will have to be abandoned now that a bankruptcy court judge has converted Enesco's Chapter 11 case into a Chapter 7 proceeding.

In a ruling handed down on Monday, Judge A. Benjamin Goldgar of the U.S. Bankruptcy Court for the Northern District of Illinois granted a motion filed by the U.S. trustee and ordered Enesco to enter liquidation under Chapter 7.

Judge Goldgar ordered Enesco to “account for and turn over to the Chapter 7 trustee...
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