January 16, 2025
A Delaware bankruptcy judge granted partial summary judgment to the liquidating trust for defunct retailer Fred's Inc. in its bid to recover more than $3 million it paid to logistics company C.H. Robinson Co. Inc. in the months ahead of its 2019 bankruptcy, ruling the payments are avoidable because C.H. Robinson applied credit pressure on the financially distressed retailer.
June 01, 2020
A Delaware judge on Monday signed off on discount retailer Fred's Inc. Chapter 11 plan, clearing the way for distributions to be made to creditors using proceeds from asset sales, with unsecured creditors expected to see minimal recovery.
April 08, 2020
Bankrupt discount retailer Fred's Inc. said Tuesday it has reached an agreement with its pharmaceutical wholesaler Cardinal Health Inc. over claims in its Chapter 11, with Cardinal set to recover a secured claim of $15 million.
February 25, 2020
A Delaware judge on Tuesday gave bankrupt discount retailer Fred's Inc. his nod to finalize a disclosure statement to solicit votes on a Chapter 11 plan that would make distributions to the company's creditors following the sale of most of its assets.