Mrs. Fields On Track For Short And Sweet Ch. 11

Law360, New York (August 27, 2008, 12:00 AM EDT) -- After entering bankruptcy just days ago, Mrs. Fields Original Cookies Inc. is already barreling through its Chapter 11 proceedings by scoring approval for a slew of first-day motions.

On Wednesday, the cookie company said the U.S. Bankruptcy Court for the District of Delaware had signed off on numerous requests, allowing the company to continue paying employee salaries and vendors in the normal course of business.

“We were very pleased with the court's positive response to our first-day motions,” said Michael Ward, interim co-chief executive officer. “Receiving...
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