Court OKs Levitz asset auction this week

Engel, Clint
November 2007
Furniture/Today;11/26/2007, Vol. 32 Issue 12, p4
Trade Publication
The article reports that the U.S. Bankruptcy Court has given its approval for the sale of the assets of furniture retailer Levitz Furniture Co. Inc. but decided to convert the case to Chapter 7 liquidation. This decision of the court has gained comments from the unsecured creditors of the company arguing that Levitz was likely to liquidate in any case.


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