Tamara Mellon Brand Wins Ch. 11 Plan Confirmation

Law360, Wilmington (January 15, 2016, 10:02 PM EST) -- A Delaware bankruptcy judge on Friday confirmed the Chapter 11 plan for Tamara Mellon Brand, the designer clothing line created by the co-founder of the Jimmy Choo designer shoe label, over the strong objections of the company's original investors who pushed for certain loans to be restyled as equity.

During a hearing in Wilmington that lasted well beyond sunset and sometimes took on a bitter adversarial tone, U.S. Bankruptcy Judge Kevin Gross said that the reorganization strategy — which will allow the company to continue operating with New Enterprise Associates to fund its transition to an all-online sales platform and facilitate...

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