Company Set To Emerge From Chapter 11 Within 30 Days
BM USA Incorporated, (the U.S. subsidiary of Bruno Magli S.p.A., the Italian luxury shoemaker whose primary investor is the Bulgari-sponsored private equity fund, Opera) announced today that, during the confirmation hearing held yesterday, the U.S. Bankruptcy Court for the Eastern District of Texas confirmed the Company's Plan of Reorganization. Bruno Magli is now set to complete its reorganization and emerge from Chapter 11 protection within 30 days.
