Hilco, Others Can't Remove Ellen Tracy Trustee's $50M Suit

Law360, New York (July 13, 2012, 5:23 PM EDT) -- A New York federal judge denied a bid Thursday by the former owners of women's clothing retailer Ellen Tracy LLC, including private equity firm Hilco Consumer Capital LP, to withdraw a $50 million suit against them by Ellen Tracy's trustee from bankruptcy court.

U.S. District Judge Alison J. Nathan denied the motion by Hilco, CJ Apparel Group LLC and others to withdraw the reference to bankruptcy court in trustee Albert Togut's claims, ruling that the defendants' motions in bankruptcy court to dismiss the claims made it...
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