Creditor Seeks Examination Of Linens 'N Things

Law360, New York (September 10, 2008, 12:00 AM EDT) -- A creditor of home products retailer Linens 'N Things Inc. has requested an examination of the company, seeking to find out how Linens got a clean audit opinion from Ernst & Young LLP just months before going bankrupt.

In a motion filed Tuesday in the U.S. Bankruptcy Court for the District of Delaware, creditor Levine Leichtman Capital Partners Deep Value Fund LP asked Linens, its equity sponsors and Ernst & Young to turn over a wide range of documents, pursuant to Rule 2004 of the bankruptcy...
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