Neiman Marcus Files Chapter 11 Plan in Line With Earlier Deal

June 8, 2020, 8:25 PM UTC

Neiman Marcus Group Ltd. LLC filed its Chapter 11 plan and company disclosures with a bankruptcy court in Houston, keeping the company on track to emerge from bankruptcy by the fall.

The plan and disclosures that Neiman Marcus and several affiliates filed June 6 lays out the details of the restructuring agreement it announced when it filed for bankruptcy in May.

The Dallas-based luxury retailer had about $5.5 billion in debt when it filed for Chapter 11 protection with the U.S. Bankruptcy Court for the Southern District of Texas. The company is restructuring with the help of a $675 million ...

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