LINENS N THINGS Bankruptcy News, Issue No. 3

BCSI reports on latest events arising in the chapter 11 cases commenced by Linens n Things Inc and Linens Holding Co.

(EMAILWIRE.COM, May 06, 2008 ) FAIRLESS HILLS, Pa. -- May 6, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 3 of LINENS 'N THINGS BANKRUPTCY NEWS today. The 18-page newsletter contains stories with these headlines:


[00023] DEBTORS' MOTION TO EXTEND TIME TO FILE SCHEDULES
[00024] DEBTORS' MOTION TO PAY $73,000,000 TO CRITICAL VENDORS
[00025] DEBTORS' MOTION TO HONOR PREPETITION EMPLOYEE OBLIGATIONS
[00026] DEBTORS' MOTION TO DEEM UTILITIES ADEQUATELY ASSURED
[00027] DEBTORS' MOTION TO PAY $26.5MM FOR WAREHOUSE OBLIGATIONS
[00028] DEBTORS' MOTION TO PAY $8,000,000 FOR SALES AND USE TAXES
[00029] DEBTORS' MOTION TO CONTINUE EXISTING INSURANCE PROGRAMS
[00030] DEBTORS' MOTION TO EMPLOY KURTZMAN AS CLAIMS AGENT
[00031] DEBTORS' MOTION TO OBTAIN $700,000,000 OF DIP FINANCING
[00032] LINENS 'N THINGS REAFFIRMS COMMITMENT TO HONOR GIFT CARDS


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=LINENS|'N|THINGS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

LINENS N THINGS BANKRUPTCY NEWS tracks the restructuring of Linens n Things Inc and Linens Holding Co.

How to Subscribe to LINENS 'N THINGS BANKRUPTCY NEWS

LINENS 'N THINGS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving LINENS 'N THINGS BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=LINENS|'N|THINGS