US Trustee Protests Syms' Ch. 11 Plan Over CEO Protections

By Jamie Santo ( August 24, 2012, 9:42 PM EDT) -- The U.S. trustee objected Friday to Syms Corp.'s proposed Chapter 11 reorganization, arguing the discount clothing retailer's plan cannot be confirmed in Delaware bankruptcy court as it provides legal cover for nonfiduciary parties, namely CEO Marcy Syms and her professionals....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!