BosDevelop
Senior Member
- Joined
- Jul 25, 2006
- Messages
- 1,496
- Reaction score
- 332
Re: Filene's
Isn't it a Chapter 11? Has a Chapter 11 Trustee (which is extremely rare and usually only when there is evidence of fraud or other misconduct) been appointed?
The lease (at such a low rate and with liquidated damages) is a valuable asset. The Bankrupcy Trustee will split the assets up what ever way will yield the highest return.
Isn't it a Chapter 11? Has a Chapter 11 Trustee (which is extremely rare and usually only when there is evidence of fraud or other misconduct) been appointed?