A U.S. Bankruptcy Court judge approved a request on Tuesday by bankrupt jewelry store chain Friedman's to conduct store-closing sales. According to documents filed in U.S. Bankruptcy Court in Wilmington, Del., Judge Christopher S. Sontchi gave the Addison, Texas-based chain the OK to conduct the going-out-of-business sales, to find businesses to take over its unexpired leases and also to get out of store leases when it can't find a party to assume them. Court papers show that in August 2007, Friedman's retained Peter J. Solomom Co. (PJSC) to help find a buyer.

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