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Closings of massive-chain outlets depart glut of retail space. What is forward for people vacant areas? Creditors file above a thousand promises for payment from Gordmans Bankruptcy filings reveal Gordmans’ fees, from wholesale merchandise costs to monthly rent What’s remaining of Gordmans chain will grow to be off-selling price retailer like TJ Maxx, new owner states
These boys did slightly seat-of-their-trousers investigate on retail wildlife in 1964, when a new Richman Gordman shop opened in Omaha by using a Zooland Enjoy place.
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Sums ranged from almost $1 million owed to some Ny attire supplier to far more modest quantities, for instance $fifteen,000 for an Omaha modeling company and some thousand staying sought by a variety of employees terminated before the bankruptcy who say they are owed severance spend.
Legal service fees to the firms symbolizing the debtor and those dealing with issues to the unsecured creditors originate from regardless of what assets the bankrupt debtor has available. Neither Kutak Rock nor Kirkland & Ellis responded to requests for remark.
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Samples of outfits hold from cubicles at Gordmans' Aksarben Village headquarters as the organization decides what should be in its offerings in September 2015.
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According to the ultimate liquidation files, unsecured creditors — those suppliers and trade distributors to the hook and with none collateral on which to foreclose — can get in between 5 cents and 11 cents to the greenback.
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