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Published on 5/23/2007 in the Prospect News Distressed Debt Daily.

Hancock Fabrics official equity committee appointed

By Caroline Salls

Pittsburgh, May 23 - Hancock Fabrics Inc.'s U.S. Trustee appointed the official committee of equity security holders for the company's Chapter 11 case, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

The committee members include Carl E. Berg of Berg & Berg Enterprises, LLC, Cupertino, Calif.; Ryan Schedler of Trellus Management, New York; and Warren B. Kanders, Stamford, Conn.

As previously reported, Hancock's equity holders asked the U.S. Trustee to appoint the official committee on May 18.

Hancock Fabrics, a Baldwyn, Miss., specialty retailer of fabric and related home sewing and decorating accessories, filed for bankruptcy on March 21. Its Chapter 11 case number is 07-10353.


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