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Fortunoff returns to Ch. 11

Posted on February 6, 2009 10:23 AM
Less than one year after buying Fortunoff Holdings LLC out of bankruptcy for $80 million in cash, NRDC Equity Partners LLC has placed the high-end retailer back under Chapter 11 protection.

Fortunoff submitted its petition Thursday with the U.S. Bankruptcy Court for the Southern District of New York in Manhattan, exactly one year and one day after filing its first bankruptcy case in the same court.

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