September 18, 2012
A New York bankruptcy judge on Tuesday confirmed a Chapter 11 plan for Redcats USA Inc.'s high-end women's clothing retailer United Retail Group Inc. following a Versa Capital Management LLC unit's April purchase of its assets in a Section 363 sale.
April 03, 2012
Bankrupt women's clothing retailer United Retail Group Inc. will be sold to stalking horse bidder Versa Capital Management LLC for cash and assumed liabilities, after a New York bankruptcy judge approved the deal Tuesday once several creditor objections were resolved.
March 19, 2012
The landlords of properties leased to women's clothing retailer United Retail Group Inc. objected Friday to a proposed deal with stalking horse bidder Versa Capital Management, demanding that the stores continue to comply with the obligations in their leases before a buyout is approved.
March 15, 2012
Women's clothing retailer United Retail Group Inc. on Thursday reached a handshake deal with unsecured creditors to end their challenge of would-be buyer Versa Capital Management LLC's possible $12.5 million credit bid on the debtor in a New York bankruptcy court.
March 14, 2012
Unsecured creditors of women's clothing retailer United Retail Group Inc. on Monday filed an adversary complaint within the company's New York bankruptcy case seeking to block would-be buyer Versa Capital Management LLC's purported $9.5 million secured claim.