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...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.