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: Georgia Bankruptcy BlogRetailer Linens 'N Things Expected To File Chapter 11 Within A Week
By Scott Riddle
From the Wall Street Journal -
Linens 'n Things Inc., a home-furnishings retailer caught by an increasing debt load and shrinking housing market, is expected to file for Chapter 11 bankruptcy-court protection by Tuesday, several people familiar with the matter said.
A Linens 'n Things filing would mark one of the first major retailers to seek bankruptcy protection in this economic downturn. The New Jersey retailer, which sells home products like towels, bath rugs and kitchen appliances, has about 590 stores ...
Full post as published by Georgia Bankruptcy Blog on April 11, 2008 (boomark / email).
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