Hedge Fund's $26.2M Bid Tops Ch. 11 Auction For Aerogroup

Law360

"Hedge fund Alden Global Capital emerged as the apparent winning bidder in Delaware on Friday for bankrupt shoe retailer Aerogroup International Inc., with a $26.175 million bid that capped a nearly 24-hour, sometimes 'testy,' marathon auction."

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Related Contacts
Michael Klein Special Counsel, New York
Cathy Hershcopf Partner, New York
Sarah Carnes Associate, New York
Related Practices & Industries

Business Restructuring & Reorganization