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Published on 2/12/2009 in the Prospect News Distressed Debt Daily.

Hartmarx hearing for final DIP loan approval pushed back to Feb. 19

By Jennifer Lanning Drey

Portland, Ore., Feb. 12 - Hartmarx Corp.'s hearing for final approval of its proposed $160 million debtor-in-possession financing from Wachovia Capital Finance Corp. was pushed back to Feb. 19, according to a filing with the U.S. Bankruptcy Court for the Northern District of Illinois.

The hearing was originally scheduled for Thursday.

As previously reported, the company obtained interim access to the financing on Jan. 28.

Hartmarx, a Chicago-based producer and marketer of business, casual and golf apparel, filed for bankruptcy on Jan. 23 in the U.S. Bankruptcy Court for the Northern District of Illinois. Its Chapter 11 case number is 09-02046.


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