Judge Confirms Bombay Co. Liquidation Plan

Law360, New York (August 22, 2008, 12:00 AM EDT) -- The bankruptcy judge overseeing The Bombay Co.'s Chapter 11 case has signed off on the company's liquidation plan despite objections from two California counties.

On Thursday, Judge Michael Lynn, of the U.S. Bankruptcy Court for the Northern District of Texas, endorsed the debtor's plan of liquidation, batting down the sharp criticism that the plan endured in recent weeks. The judge called the plan “feasible, fair and equitable.”

“The plan complies with the applicable provisions of the Bankruptcy Code and meets all of the applicable requirements and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.