November 05, 2013
Clothing retailer Big M Inc. launched an adversary suit in New Jersey bankruptcy court Monday alleging Westport Insurance Co. refused to promptly reimburse it for damages from Superstorm Sandy, resulting in losses of more than $10 million that eventually drove the company to file for bankruptcy and sell its assets.
May 23, 2013
A New Jersey bankruptcy judge on Thursday signed off on Canadian clothing retailer YM Inc.'s $22 million purchase of the assets of rival Big M Inc., the bankrupt owner of the clothing stores Mandee, Annie Sez and Afaze.
May 08, 2013
With only one bid coming in by the Monday deadline, the bankrupt owner of clothing stores Mandee and Annie Sez asked a New Jersey federal judge on Tuesday to cancel Wednesday's auction and will seek to have rival clothing retailer YM Inc. named the winner.
April 18, 2013
A New Jersey bankruptcy judge ruled Wednesday that the unsecured creditors' committee for bankrupt retailer Big M Inc. does not have the power to force the company to produce documents and communications between its staff and general counsel that are protected by attorney-client privilege.
April 10, 2013
The U.S. trustee for New Jersey on Wednesday objected to Canadian retailer YM Inc.'s $22 million stalking-horse bid for the bankrupt owner of the Mandee and Annie Sez clothing store chains, saying the deal prematurely offers YM certain protections and special fees.
April 08, 2013
The owner of Mandee and Annie Sez clothing stores, which says it was driven into Chapter 11 in January because of Hurricane Sandy, asked a federal bankruptcy judge Saturday to approve a $22 million stalking-horse bid from Canadian apparel retailer YM Inc.
April 01, 2013
Cooley LLP on Friday argued in support of its invoice of $215,000 for representing unsecured creditors in retailer Big M Inc.'s bankruptcy in New Jersey, saying the fees were justified given the substantial volume of work required in early proceedings.
March 28, 2013
Creditors for bankrupt clothing retailer Big M Inc. said Wednesday they had "serious concerns" about the $400,000 legal fees racked up early in the Chapter 11 process by debtor counsel Lowenstein Sandler LLP, saying it was more than double what the New Jersey-based company had budgeted.