Aerogroup Inc. Narrows Ch. 11 Strategy To Asset Sale Track

Published: 6/12/2017
Aerogroup Inc. Narrows Ch. 11 Strategy To Asset Sale Track
Source: WWW.LAW360.COM

Bankrupt women’s shoe maker Aerogroup International Inc. told a Delaware judge Wednesday that it had decided to pursue a sale of its assets and a licensing deal and will be abandoning its dual-track Chapter 11 strategy, which included a liquidation option.

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