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freeworld4ever

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freeworld4ever

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Friday, 08/12/2016 12:26:41 PM

Friday, August 12, 2016 12:26:41 PM

Post# of 8527
Aeropostale Asks Lenders To Push Back Ch. 11 Milestones
By Jonathan Randles

Law360, New York (August 11, 2016, 4:23 PM ET) -- An Aeropostale attorney told a New York bankruptcy judge Thursday the company still has not found a lead bidder for the retailer's assets and that the company has asked its secured lenders to push back deadlines in its Chapter 11 case.

Aeropostale attorney Jacqueline Marcus of Weil Gotshal & Manges LLP said at a court hearing in Manhattan that the company has not yet located a stalking horse bidder ahead of a bankruptcy auction that is scheduled for later this month. Aeropostale has also requested that its secured...

http://www.law360.com/articles/827525/aeropostale-asks-lenders-to-push-back-ch-11-milestones-

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