Books-a-Million Drops Bid
Books-a-Million, Inc. dropped its bid to buy 30 Borders Group stores and their inventory because all involved parties could not agree to terms.
Harry & David Supplement
Harry & David Holdings filed with the US Bankruptcy Court on July 25 a Supplement for the Company's Second Amended Joint Plan of Reorganization. The Supplement contains the following documents: certificate of incorporation of reorganized holdings; by-laws of reorganized Holdings; management services agreement; schedule of executory contracts and unexpired leases anticipated to be assumed; escrow agreement governing the escrow account; exit facility commencement letter; preserved causes of action by the Debtors and reorganized Debtors and obligations to indemnify directors, officers and employees.
Jackson-Hewitt Hirings
The US Bankruptcy Court on July 25 approved Jackson-Hewitt Tax Service's official committee of unsecured creditors' motions to retain Duane Morris as counsel and BDO Consulting as financial advisor.
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