April 3, 2015
Partner Robert L. LeHane and senior associate Gilbert R. Saydah are referenced as counsel to the unsecured creditors committee in dELiA*s Chapter 11 bankruptcy in the Law360 article “Delia's Gets $4M For Pa. Distribution Center.” The article discusses the teen retailer’s $4 million deal to sell a Pennsylvania distribution plant as part of its liquidation. dELiA*s received approval to move forward with the sale from U.S. Bankruptcy Judge Robert Drain. The amount of cash generated from the liquidation sales will determine the kind of recovery the unsecured creditors will receive.
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