By  on July 17, 2008

Dawahare's, a 101-year-old specialty retailer of men's and women's apparel based in Lexington, Ky., has begun liquidation sales, but even after the going-out-of-business bargains are sold unsecured creditors aren't likely to get anything on their claims.

A complete shutdown of all operations is expected by Sept. 30. The retailer said in court documents that "there may be some" proceeds available to be distributed to unsecured creditors, but that it "may not be meaningful."

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