LESLIE FAY GETS ANOTHER DELAY
NEW YORK — The hearing date for confirmation of the Chapter 11 reorganization plan for Leslie Fay Cos. in bankruptcy court here has been pushed back to Feb. 19 from Feb. 13.
According to sources, the company will be filing an amended disclosure statement with the bankruptcy court. The changes relate to the company’s ongoing discussions over post-petition financing.
Leslie Fay entered Chapter 11 proceedings in April 1993 after disclosing a massive accounting scandal. The plan, as reported, calls for the company to become two separate entities, one consisting of its Sassco suit business and the other a reorganized Leslie Fay.