Bankruptcy Updates

Nebraska Book Company Hiring Approval Sought
Nebraska Book Company filed with the US Bankruptcy Court on July 7, 2011 a motion to retain Pachulski Stang Ziehl & Jones as co-counsel, Kirkland & Ellis as attorney, AlixPartners as restructuring advisor, and Rothschild as investment banker and financial advisor.

Harry & David Holdings Extension Sought
Harry & David Holdings filed with the US Bankruptcy Court on July 6, 2011 a motion to extend the exclusive period during which only the Company can file a Chapter 11 plan and solicit acceptances thereof through and including September 30, 2011 and November 30, 2011 respectively. The Court scheduled a July 26, 2011 hearing to consider the motion.

Jackson-Hewitt Tax Service Hiring Approvals Sought
Jackson-Hewitt Tax Service's official committee of unsecured creditors filed with the US Bankruptcy Court motions to retain BDO Consulting as financial advisor at the following hourly rates: partner/managing director at $475 to $795, director and senior manager at $375 to $525, manager at $325 to $425, senior at $200 to $350 and staff at $150 to $225 as well as Duane Morris as counsel at hourly rates ranging from $305 to $745.