Filene’s Basement Inc., now known as FB Liquidating Estate, has paid out more than $41 million to its creditors, according to restructuring firm Abacus Advisors. Secured creditors have been paid in full, as holders of priority claims and convenience class claims have received their allowed payments and unsecured creditors have had 50 percent of their allowed claims paid. An initial distribution of dividend checks was completed Friday. Filene’s Basement filed for Chapter 11 protection on May 4 and was acquired by Syms Corp. June 18.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)