said in a court motion this week that potential buyers have expressed an interest in purchasing the independent bookstore chain.
The company started the reorganization process in October, three years after being sold to an investment group. Its initial bankruptcy filing said Tattered Cover owed its creditors, numbering in the hundreds, between $1 million and $10 million. "As the Debtor's condition has improved, certain parties have expressed an interest in acquiring some or all of Debtor's assets," the court filing says.
A court hearing on the reorganization plan was originally set for May 28. The company requested in its newest filing that the date be postponed to June 17 at the earliest.
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