Judge Approves Party City's Ch. 11 Liquidation Plan

By Yun Park ( August 27, 2025, 4:07 PM EDT) -- A Texas bankruptcy judge on Wednesday gave final confirmation to Party City's Chapter 11 liquidation plan, overruling an objection from the U.S. Trustee's Office, who argued that the plan improperly reduces administrative claims without clear evidence of consent and could violate the Bankruptcy Code....

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