L’Occitane Sees Chapter 11 Emergence at Month’s End

L’Occitane says it has completed the restructuring of its U.S. lease portfolio and plans emergence from Chapter 11 at month’s end.

• Company receives approval of reorganization plan from U.S. Bankruptcy Court in New Jersey
• Plan provides for full recovery on the allowed claims of all creditors, company says
• NOTE: L’Occitane Inc. Starts Chapter 11; Accelerates Restructuring

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