NEW YORK — The Warnaco Group said Tuesday that its unsecured creditors won’t end up empty-handed when the company exits bankruptcy proceedings.

According to disclosures in a bankruptcy court hearing Tuesday, the firm’s reorganization plan includes an unspecified distribution to its unsecured creditors. WWD also learned from a source close to Warnaco that the company on Sept. 3 filed its Wells Submission to the Securities and Exchange Commission in connection with the SEC’s ongoing probe of the company.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus