ATHLETE'S FOOT TACKLING CREDITORS; INSIDERS PREDICT THE BANKRUPT ATHLETIC CHAIN COULD STRUGGLE TO SELL OFF LEASES AND PAY DEBTS. From: Footwear News | Date: December 27, 2004| Author: Niemi, Wayne | COPYRIGHT 2004 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: Wayne Niemi

LOS ANGELES -- Creditors' hopes of recouping their debts following The Athlete's Foot's bankruptcy filing earlier this month will hinge largely on the company's ability to sell existing leases, and potentially, its trademark name -- a situation likely to make collecting a challenge, say experts.

As reported in Footwear News, the Kennesaw, Ga.-based retailer filed a voluntary Chapter 11 liquidation petition in the U.S. Bankruptcy Court ...