The Hartmarx Corporation, the bankrupt suit maker, won court approval on Thursday to sell itself to the British private equity firm Emerisque Brands, Representative Phil Hare, Democrat of Illinois, said in a statement.
The sale to Emerisque and its partner, SKNL North America, was approved by Judge Bruce W. Black in Federal Bankruptcy Court in Chicago. [...]
Polaroid won bankruptcy court approval to sell itself for $88 million to a joint venture led by two liquidation firms. The partnership, led by Gordon Brothers Brands and Hilco Consumer Capital, will acquire substantially all of Pola... Read Post
Hartmarx's board is expected on Thursday to choose Emerisque, a private investment firm in London, as the buyer it prefers to bring the company, a maker of men's suits, out of bankruptcy. Read Post