Mealey's Bankruptcy - Cigna: Brookstone Disclosure Fails To Adequately Deal With Benefits Contract

Mealey's Bankruptcy - Cigna: Brookstone Disclosure Fails To Adequately Deal With Benefits Contract

WILMINGTON, Del. - Cigna Health and Life Insurance Co., a creditor in the Chapter 11 bankruptcy of Brookstone Holdings Corp., on May 12 filed a brief in the U.S. Bankruptcy Court for the District of Delaware objecting to the company's disclosure statement pertaining to the plan of reorganization on grounds that it fails to adequately explain what will happen to the contract between Cigna and Brookstone related to employee health benefits (In Re: Brookstone Holdings Corp., No. 14-10752, Chapter 11, D. Del. Bkcy.).

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