January 23, 2018 / 9:39 PM / 7 months ago

Toys 'R' Us wins court approval for landlord deal and an advisor

Toy ‘R’ Us won court approval on Tuesday for a plan to pay about $1 million to select landlords in exchange for extending the bankrupt toy retailer’s mid-April deadline to decide the fate of nearly 800 store leases.

The company also received approval to hire a financial advisor.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2F6T79a

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