Top US Scrubs Retailer Enters Ch. 11, Eyes Asset Sale

Law360, New York (May 30, 2013, 2:30 PM EDT) -- Life Uniform Holding Corp., the market-leading U.S. supplier of hospital scrubs and medical uniforms, asked a Delaware court on Thursday to approve the sale of its assets to Scrubs & Beyond LLC a day after entering Chapter 11 amid crippling liquidity issues.

The company, which lists up to $50 million in debt, says recent liquidity shortfalls hobbled its efforts to upgrade its e-commerce system, prevented it from pursuing an aggressive acquisition plan and ultimately forced it into a downward spiral that made a sale under Chapter...
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