Judge Will Make WPS Call

Felgner, Brent
June 2005
Home Textiles Today;6/20/2005, Vol. 26 Issue 40, p1
Trade Publication
The article reports that the Tuesday's auction for WestPoint Stevens Inc. will likely spill over to this Friday's bankruptcy court hearing to decide myriad legal controversies before finally declaring a winner. No other bidders have publicly -- or even privately, for that matter -- been identified. In any other bankruptcy auction, the presence of just two bidders might keep the bidding process clear and simple. But WestPoint's efforts to emerge from its two year-old bankruptcy have been anything but clear and never approached simple.


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