Bed Bath & Beyond Wins Ch. 11 Exit Plan Erasing Shares
Home goods retailer Bed Bath & Beyond Inc. on Tuesday won court approval to end its bankruptcy with a plan to distribute the proceeds of going-out-of-business sales to secured lenders while wiping out shareholders.
Bed Bath & Beyond is represented by Michael D. Sirota, Warren A. Usatine and Felice R. Yudkin.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
Join Our Mailing List
Stay up to date with the latest insights, events, and more