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News & Analysis

Eastern Mountain Sports Parent Files Liquidation Plan With Minimal Creditor Recoveries →

Mountain Sports LLC, parent of Eastern Mountain Sports and Bob's Stores, filed a liquidation plan offering general unsecured creditors recoveries of less than 3%. The outdoor retailer sold substantially all...

Former Big Lots Seeks to Convert Bankruptcy Case to Liquidation After Chapter 11 Sale Process →

Former Big Lots has filed to convert its Chapter 11 bankruptcy case to liquidation after administrative costs reached $60 million. The retailer successfully sold substantially all assets to Gordon Brothers...

Simon Property Group Objects to Razzoo's Restaurant Chain DIP Financing Over Unpaid Rent →

Simon Property Group has objected to Razzoo's restaurant chain's bankruptcy financing plan, arguing the budget fails to include post-petition rent payments and forces landlords to serve as involuntary creditors. The...

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