Judge OKs Wickes, Deloitte Settlement Of $1.25M

Law360, New York (August 11, 2008, 12:00 AM EDT) -- A federal judge has signed off on Wickes Furniture Co. Inc.'s $1.25 million settlement with Deloitte Consulting LLP, putting to rest a lawsuit Wickes brought against the financial consulting firm before it entered Chapter 11.

In a motion filed on July 22 in the U.S. Bankruptcy Court for the District of Delaware, Wickes said it reached a settlement agreement with Deloitte Consulting on July 18.

Under the settlement, approved Friday, the consulting firm agreed to pay Wickes and drop its claim against the bankruptcy estate in...
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