Law360 (June 11, 2021, 5:30 p.m. EDT) – The U.S. trustee’s office on Friday hesitated on a proposal to open a case by bankrupt jewelry retailer Alex and Ani LLC to bar public access on certain conditions. ‘a settlement with the creditors. the Delaware Chapter 11 Debtor Restructuring Support Agreement.
The trustee’s attorney, David L. Buchbinder, told US bankruptcy judge Craig T. Goldblatt at an initial hearing – a day after Alex and Ani opened his case with $ 156 million in debt – that he expected debtors to delay arguing the claim until a later hearing. . The decisions passed in the District of Delaware and the Third Circuit weigh …
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