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Neiman Marcus Slated to Exit Bankruptcy in Two Weeks

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Neiman Marcus received confirmation of its plan of reorganization, setting the stage for its exit from bankruptcy proceedings in two weeks.
Neiman Marcus will exit bankruptcy proceedings in a few weeks.
CREDIT: mpi04/MediaPunch /IPX via AP Images

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Neiman Marcus’s next chapter could begin in just two weeks. On Friday, the luxury retailer got the nod on its reorganization plan at a hearing before bankruptcy judge David Jones, the chief judge for the federal bankruptcy court for the Southern District of Texas. “Today is the debtor’s day,” said Matthew Fagan, an attorney at…

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