Luxury department store retailer Neiman Marcus Group skipped bond payment - letter
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NEW YORK (Reuters) - Neiman Marcus Group skipped a bond payment due this week to Marble Ridge Capital LP, according to a letter from the hedge fund to the luxury department store retailer sent Thursday, setting the heavily indebted chain on a path toward bankruptcy. Neiman Marcus is advancing preparations for bankruptcy, Reuters reported this month.A spokesman for Neiman Marcus did not immediately respond to a request for comment.A Neiman bankruptcy filing would likely be contentious. A trustee..