Kwangwon “Kenny” Kym, the co-founder of the Southpoleapparel brand and sole owner of the Against All Odds apparel chain, asked a NJbankruptcy court for more time to file required financial schedules. The70-door, Moonachie, NJ-based chain, whose doors extend south to Texas and westto California, filed for bankruptcy protection in Newark, NJ on January 5. Theretailer lists assets and liabilities in the $10-$50 million range on itsvoluntary petition.
All of Against All Odds trade debts with its top 20creditors are in dispute, including nearly $2.1 million owed to factoring firmThe CIT Group, which filed a lawsuit against the retailer in early Dec. ... Log in to view full article.