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Affiliate of Men's Wearhouse to acquire Filene's Basement
08 Jun '09
4 min read
Discussing the disposition of the Filene's Basement bankruptcy case, Cohen said he anticipates that unsecured creditors will be asked to submit proofs of claim before Labor Day. That would set the stage for the company's bankruptcy plan to be confirmed by September or October, with creditors paid the following month, allowing for the case to be concluded by the end of 2009.
In addition to Alan Cohen, advisors to Filene's Basement include legal counsel Pachulski, Stang, Ziehl & Jones LLP.
Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,284 stores.
Buxbaum Group, based in Agoura Hills, Calif., has built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America. While continuing to operate in those areas, the company has shifted its primary focus in recent years to turnaround investing.
In addition to Alan Cohen, advisors to Filene's Basement include legal counsel Pachulski, Stang, Ziehl & Jones LLP.
Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,284 stores.
Buxbaum Group, based in Agoura Hills, Calif., has built its reputation for over 30 years as one of the largest liquidators and appraisers of retail and wholesale inventories across North America. While continuing to operate in those areas, the company has shifted its primary focus in recent years to turnaround investing.
Buxbaum Group
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