Tag : bankruptcy court
title : Family Christian Stores Ditches Bankruptcy Plan After Creditors' Objections over ‘Issue of Transparency’
summary : Michigan-based Christian bookstore retailer Family Christian Stores withdrew a bankruptcy proposal this week after debtors criticized its restructuring plan that would have involved selling virtually all of its assets.
date : Mar 20, 2015 02:11 PM EDT
title : Family Christian Stores, America's Largest Christian Bookstore Chain, Files for Bankruptcy, Hopes for Restructuring Process
summary : The largest Christian bookstore chain in the United States filed for Chapter 11 bankruptcy on Wednesday in Michigan. However, Family Christian Stores claimed that neither employees will be laid off nor stores will be closed in its restructuring plan.
date : Feb 13, 2015 01:35 PM EST