New York City Shoes files Chapter 11 petition
PHILADELPHIA (FNS) -- Listing more than $2.5 million in tax liabilities and debts to its 20 largest unsecured creditors, the new owners of New York City Shoes Inc. (NYCS), Springfield, have filed a Chapter 11 petition in U.S. Bankruptcy Court here.
The petition to reorganize was filed by Steven B. Mirow, Philadelphia, counsel for Orient River Investments Inc., trading as New York City Shoes, a retailer of footwear for women.
No schedules were filed with the petition, and the case was assigned to Bankruptcy Judge David A. Scholl.
Orient River Investment Inc., New York, purchased New York City Shoes …