Trustee: Filene's Basement, Syms Corp. Not Allowed To Reduce Lease Cure Amount

Trustee: Filene's Basement, Syms Corp. Not Allowed To Reduce Lease Cure Amount

WILMINGTON, Del. - U.S. Bank National Association, the trustee in the Chapter 11 bankruptcy of Filene's Basement LLC, on Jan. 2 filed a brief in the U.S. Bankruptcy Court for the District of Delaware contending that Filene's affiliate Syms Corp. should not be permitted to limit the cure amount on a lease for property operated by Syms to $1.25 million (In Re: Filene's Basement LLC, No. 11-13511, Chapter 11, D. Del. Bkcy.).

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