Gottschalks' Disclosure Statement Gets Thumbs Up
Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware affirmed the disclosure statement on Wednesday. A hearing on the department store's latest liquidation plan is scheduled for March 16.
Gottschalks submitted a modified version of the plan, originally filed Dec. 3, on Jan. 15.
The plan proposes full recovery for debtor-in-possession financier GE Capital Corp.,...
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