TITLE

Malden Mills Files for Bankruptcy to Facilitate Sale

AUTHOR(S)
Versteegen, Kris
PUB. DATE
February 2007
SOURCE
SGB;Feb2007, Vol. 40 Issue 2, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the possible sale of Malden Mills Industries, Inc. to Gordon Brothers Group. Malden filed for bankruptcy protection to facilitate the sale. Malden's creditors are listed and include Gorlita and Germany-based Rechtsanwalt Harald Bubhardt. Malden's chief executive officer (CEO) Michael Spillane comments on market value and legacy liability. Malden Mills Creditor Trust (MMCT) asked that the bankruptcy trial be delayed.
ACCESSION #
24017446

 

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