Coldwater Creek Gets OK To Solicit Creditors On Ch. 11 Plan

Law360, Wilmington (June 23, 2014, 5:25 PM EDT) -- A Delaware bankruptcy judge gave liquidating women's retailer Coldwater Creek Inc. the thumbs up Monday for the disclosure statement to its Chapter 11 plan, over the objections of the creditors committee, which the judge ruled were issues better handled at a confirmation hearing.

At a hearing in Wilmington, U.S. Bankruptcy Judge Brendan L. Shannon said many of the unsecured creditors' complaints — such as releases they claim are too broad or whether Coldwater Creek would be able to garner enough creditor votes to confirm the plan...
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