Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Nine West creditors attack plan for passing up US$1 billion litigation

By Declan Bush

31 October 2018

Embattled US shoe and handbag chain Nine West has asked to prolong its Chapter 11 case, after creditors sought court permission to bring fraudulent transfer claims against its private equity owner and others they accuse of causing the company’s insolvency.

Nine West creditors attack plan for passing up US$1 billion litigation A Nine West outlet in Canada. (Credit: Wikimedia Commons/GoToVan)