Richard Baker Challenges Subpoena in Saks Global Bankruptcy Case
Richard Baker, former executive chairman of Saks Global, is challenging a subpoena from a committee of unsecured creditors in the company's bankruptcy case. The creditors are seeking information related to the failed $2.7 billion merger with Neiman Marcus Group. Baker claims he has no access to company resources since his separation from the company.
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Topics: bankruptcy corporate governance legal dispute merger subpoena