Mealey's Bankruptcy - Judge OKs $29M Deal To Settle Landlord's Claims Against Bankrupt Filene's Basement

Mealey's Bankruptcy - Judge OKs $29M Deal To Settle Landlord's Claims Against Bankrupt Filene's Basement

WILMINGTON, Del. - A federal bankruptcy judge in the U.S. Bankruptcy Court for the District of Delaware on April 29 approved a $29 million deal under which Syms Corp., an affiliate of bankrupt Filene's Basement LLC, will sell its property in Secaucus, N.J., to resolve a dispute over the claims made against the bankruptcy estate by the property's landlord (In Re: Filene's Basement LLC, No. 11-13511, Chapter 11, D. Del. Bkcy.).

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