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All In A Day s Work Belk Achieves Confirmation Of Pre-Packaged Plan In Record Time - Insolvency/Bankruptcy/Re-structuring

On Wednesday, February 23, just after 5:00 p.m., Belk, Inc. – a North Carolina-based department store chain – and its affiliates filed voluntary petitions under Chapter 11 of the Bankruptcy Code.

United statesVince sullivanBlackstone credit companyUnited states bankruptcy courtBankruptcy courtBelk incNorth carolina basedBankruptcy judge marvinFirst lien term loan claimsSecond lien term loanJudge isgurProcess preservation orderFifth circuitSuccessfully completesOne day financial restructuringMajority owner sycamore partners

Belk files Chapter 11 bankruptcy in Houston, giving the retail icon a lifeline

Belk files Chapter 11 bankruptcy in Houston, giving the retail icon a lifeline
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United statesMarvin isgurWilliam langleyLisa harperNieman marcusMiddlebrow departmentLouisiana department of revenueReorg researchSycamore partnersChief financial officer william langleyTyvola roadSouthern districtBankruptcy judge marvinLouisiana departmentஒன்றுபட்டது மாநிலங்களில்வில்லியம் லாங்லி