The Newswire for Business Lawyers

Goody's To Liquidate Months After Ch. 11 Emergence

Law360, New York (January 06, 2009) -- Less than three months after emerging from Chapter 11, clothing retailer Goody's Family Clothing Inc. has become the first major retail casualty of 2009 as it plans to liquidate its remaining assets.

The company has exhausted all ideas to find ways to fund its financial needs, CEO Paul White said in a memo leaked Tuesday to Tennessee news Web site VolunteerTV.com....

Login

E-mail
Password
 
  I forgot my login details.

For the whole story, take a 7-day free trial.

Submit your request to try Law360 for free for seven days:

*
*
*
*
*
*
*
*

*Required

Select at least one interest area:*
You will receive Law360's free daily newsletter for the interest area(s) selected..

Appellate
Bankruptcy
Competition
Contract
Corporate Finance
Employment
Energy
Environmental
Financial Services
Health
Insurance
Intellectual Property
International Trade
Product Liability
Securities
Technology
Top News (General Interest)

The only daily news service covering every major practice area of the law.
  • Breaking news available nowhere else
  • More than 66% of articles published before or simultaneously with any other source
  • 44% of articles have critical legal documents attached
  • More than 1,000 columns by leading practitioners published per year
  • More than 20,000 exclusive articles published per year
  • Detailed coverage of 16 major practice areas