Toys ‘R’ Us sets up $156 million fund for trade claims: lawyer

(Reuters) – Toys ‘R’ Us will set aside about $156 million to pay vendors for toys and merchandise shipped after the U.S. retailer’s Chapter 11 bankruptcy filing last September, a lawyer for the company said on Tuesday.

…read more

Source:: Reuters – Business News

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.