【破产新闻】Claire's truce with Oaktree opens door to exit from bankruptc

SEPTEMBER 20, 2018

 

Jewelry and accessories chain Claire’s appears poised to emerge from bankruptcy in time to sort out its leases and stock its shelves for the holiday season after striking a deal to end a bitter fight with a key stakeholder.

 

Lawyers for Claire’s and Oaktree Capital Management, the largest holder of the chain’s second-lien notes, are working on nailing down details of the agreement after revealing it at a hearing on Monday in U.S. Bankruptcy Court in Delaware.

 

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2MLnwgJ

 

Source:https://www.reuters.com/article/bankruptcy-claires/claires-truce-with-oaktree-opens-door-to-exit-from-bankruptcy-idUSL2N1W51R3

我要分享:
Copyright © 2013 | 上海交通大学凯原法学院破产保护法研究中心,沪交ICP备20121189
上海市徐汇区华山路1954号,上海交通大学凯原法学院破产保护法研究中心(邮编: 200030 E-mail: chinainsollaw@126.com) 技术支持:维程互联