Nine West, Creditors Ordered To Mediate Ch. 11 Disputes
Law360 (November 9, 2018, 6:38 PM EST) -- A New York bankruptcy judge on Friday appointed a mediator to try to resolve disputes between Nine West Holdings, owner Sycamore Partners and a number of the company’s creditors over the fashion retailer’s Chapter 11 plan.
U.S. Bankruptcy Judge Shelley Chapman’s order sends the parties into nonbinding mediation in an attempt to resolve the disputes between Nine West and its creditors over the proposed plan, including the creditors' objections to a proposed $105 million settlement with Sycamore.
“The mediator shall seek to conclude the mediation promptly to enable a consensual resolution of the debtors’ Chapter 11 cases, including, without limitation, resolving...
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