Linens 'n Things hearing for final DIP approval continued to Wednesday

By Jennifer Lanning Drey

Portland, Ore., May 27 - Linens Holding Co.'s hearing for final approval of its $700 million debtor-in-possession facility was continued to Wednesday by the U.S. Bankruptcy Court for the District of Delaware, according to a source familiar with the case.

As previously reported, General Electric Capital Corp. is the administrative agent and collateral agent for the DIP facility.

Linens 'n Things, a Clifton, N.J., home furnishings specialty retailer, filed for bankruptcy on May 2. Its Chapter 11 case number is 08-10832.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.