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Court approves reorganization plan of bankrupt Bruno Magli USA

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BM USA Inc. (Plano, Texas), the U.S. subsidiary of Italian luxury shoemaker Bruno Magli S.p.A. (Bologna, Italy), has announced that the U.S. Bankruptcy Court for the Eastern District of Texas confirmed the company's plan of reorganization.

Bruno Magli is now set to emerge from Chapter 11 protection within 30 days.

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