Bombay Company On Fast Track To Sell Assets

Law360, New York (September 27, 2007, 12:00 AM EDT) -- One week after the Bombay Company Inc. slipped into Chapter 11 protection, a federal judge has put the home furnishing retailer's bankruptcy case on a fast track by signing off on its bid to sell its business in the next two weeks.

In court documents filed Wednesday in the U.S. Bankruptcy Court for the Northern District of Texas, Judge D. Michael Lynn approved the bidding procedures for the sale.

The company now has approval to sell its business as a going concern or to conduct going-out-of-business...
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