Law360, New York (July 14, 2008) -- Steve & Barry's LLC's Chapter 11 case is reportedly likely to end in liquidation, with Sears Holding Corp. and Gap Inc. among several retailers circling the bankrupt clothing chain and its celebrity-affiliated brands.
Sources knowledgeable about Steve & Barry's finances, including senior executives, told the Wall Street Journal that, unusually, it was not robust clothing sales but fat payments from struggling mall owners...
