Select Staffing Bankruptcy Plan Approved After Five Weeks
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The temporary staffing firm known as Select Family of Staffing Cos. won approval of a bankruptcy reorganization plan that cuts debt by about 46 percent, or $300 million, five weeks after seeking court protection.
U.S. Bankruptcy Judge Kevin J. Carey today in Wilmington, Delaware, granted the company, formally known as Koosharem LLC, approval of the pre-packaged plan.