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Toys R Us Creditors Fear Wind-Down Uncertainties

Law360 (March 15, 2018, 8:15 PM EDT) -- The abrupt acknowledgement by Toys R Us that it will wind down operations and liquidate inventory at more than 700 stores in the U.S. was met with a wave of concerns Thursday, as creditors' attorneys said they hope for a transparent process that maximizes stakeholder returns.

Appearing before a Virginia bankruptcy judge the same day Toys R Us announced that it would pursue an orderly wind-down after a lackluster holiday sales season, counsel for the company said now is not the time for finger-pointing, but for...
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