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  • Committee: School Specialty's Bid Proposal 'Threatens' Bankruptcy Estate's Value

02/21/2013 01:20:40 PM EST

Committee: School Specialty's Bid Proposal 'Threatens' Bankruptcy Estate's Value

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LexisNexis® Mealey's™ Bankruptcy Legal News

WILMINGTON, Del. - The Official Committee of Unsecured Creditors in the Chapter 11 bankruptcy of school supply company School Specialty Inc. on Feb. 13 filed a brief objecting to School Specialty's proposed bidding procedures, arguing that they "threaten an appropriate allocation of estate value" (In Re: School Specialty Inc., No. 13-10125, Chapter 11, D. Del. Bkcy.).Full story on lexis.com