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Aerogroup Confirmation Delayed As Settlement Talks Go On

Law360, Wilmington (January 11, 2018, 9:31 PM EST) -- The Chapter 11 confirmation of shoe retailer Aerogroup International Inc. was delayed Thursday in Delaware court as debtor attorneys asked for more time to reach agreement with two parties objecting to the company’s plan of reorganization.

During a hearing in Wilmington, debtor attorney Gregg M. Galardi of Ropes & Gray LLP told the court that Aerogroup had reached agreements with numerous objectors via various changes to the plan and confirmation order, and that it was working on resolutions to two other issues raised by licensees of...
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