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  <p align="center" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
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  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington,
  D.C. 20549</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade color="black" align="center"></div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade color="black" align="center"></div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Pursuant to Section&nbsp;13 or 15(d)&nbsp;of The Securities Exchange
  Act of 1934</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date of Report
  (Date of earliest event reported):&#160; <b>May&nbsp;28, 2008</b></font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  HOLDING CO.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  <font color="black" style="color:black;">&#146;</font>N THINGS, INC.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">LINENS
  &#146;N THINGS CENTER, INC.</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact names of
  registrants as specified in their charters)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div align="center">
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b><font size="2" style="font-size:10.0pt;">  </font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">333-135646-12</font></b><font size="2" style="font-size:10.0pt;">  </font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">20-4192917</font></b><font size="2" style="font-size:10.0pt;">  </font></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-12381</font></b><font size="2" style="font-size:10.0pt;"> </font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">22-3463939</font></b><font size="2" style="font-size:10.0pt;"> </font></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">California</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">333-135646-11</font></b></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">59-2740308</font></b><font size="2" style="font-size:10.0pt;"> </font></p>
    </td>
   </tr>
   <tr>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(States or other
    jurisdictions of incorporation)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission File
    Numbers)</font></p>
    </td>
    <td width="2%" valign="bottom" style="padding:0in 0in 0in 0in;width:2.0%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="32%" valign="top" style="padding:0in 0in 0in 0in;width:32.0%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(IRS Employer <br>
    Identification Nos.)</font></p>
    </td>
   </tr>
  </table>
  
  </div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6
  Brighton Road, Clifton, New Jersey&#160; 07015</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of
  principal executive offices)&#160; (Zip Code)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(973)&nbsp;778-1300</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrants&#146;
  telephone number, including area code)</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box
  below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the
  filing obligations of the registrants under any of the following provisions:</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;">&#160;
  Written communications pursuant to Rule&nbsp;425 under the Securities
  Act (17 CFR 230.425)</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;">&#160;
  Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act
  (17 CFR 240.14a-12)</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;">&#160;
  Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under
  the Exchange Act (17 CFR 240.14d-2(b))</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;">&#160;
  Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under
  the Exchange Act (17 CFR 240.13e-4(c))</font></p>
  
  <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0in 0in 0in 0in;">
  
  <p style="border:none;margin:0in 0in .0001pt;padding:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  </div>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='',FILE='C:\JMS\Vmeane\08-15593-1\task2969921\15593-1-ba.htm',USER='vmeane',CD='Jun  2 12:12 2008' -->
  
  
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  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 1.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Entry
  into a Material Definitive Agreement.</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As previously disclosed
  by Linens Holding Co. (&#147;<u>Holding</u>&#148;), in connection with the filings on May&nbsp;2,
  2008 by Holding and each of its direct and indirect U.S. subsidiaries (together
  with Holding, the &#147;<u>Debtors</u>&#148;) of voluntary petitions for relief under
  Chapter 11 of the United States Bankruptcy Code (the &#147;<u>Bankruptcy Code</u>&#148;)
  in the United States Bankruptcy Court for the District of Delaware (the &#147;<u>Bankruptcy
  Court</u>&#148;) (jointly administered under Case No.&nbsp;08 10832) (the &#147;<u>Chapter
  11 Cases</u>&#148;), the Debtors filed motions seeking Bankruptcy Court approval of
  a Senior Secured, Super-Priority Debtor-in-Possession and Exit Option Credit
  Agreement (the &#147;<u>DIP Credit Agreement</u>&#148;) among Linens <b>&#146;</b>n Things,&nbsp;Inc. (&#147;<u>LNT</u>&#148;) and
  Linens <b>&#146;</b>n Things Center,&nbsp;Inc.
  (&#147;<u>Center</u>&#148;), as U.S. Borrowers, Linens <b>&#146;</b>n
  Things Canada Corp. (&#147;<u>Linens Canada</u>&#148;), as Canadian Borrower, Holding, as
  Guarantor, the Subsidiary Guarantors party thereto, the Lenders party thereto,
  General Electric Capital Corporation, as U.S. Administrative Agent, GE Canada
  Finance Holding Company, as Canadian Administrative Agent, and the other Agents
  party thereto.&#160; The DIP Credit Agreement
  provides for a revolving credit commitment of up to $700.0 million (the &#147;<u>Revolver</u>&#148;),
  with a non-debtor-in-possession Canadian subfacility of the Revolver available
  to the Canadian Borrower of up to $50.0 million (the &#147;<u>Canadian Subfacility</u>&#148;).</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bankruptcy Court
  granted interim approval of the DIP Credit Agreement on May&nbsp;2, 2008.&#160; Based on the Bankruptcy Court&#146;s interim
  approval, the Debtors and the other parties to the DIP Credit Agreement
  executed the DIP Credit Agreement dated as of May&nbsp;5, 2008, subject to
  final approval by the Bankruptcy Court.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;28, 2008, the
  Bankruptcy Court granted a final order approving the DIP Credit Agreement and
  authorizing the Debtors&#146; performance thereunder and under related loan
  documents (the &#147;<u>Final Order</u>&#148;).&#160;
  Among other things, the Final Order grants the obligations under the DIP
  Credit Agreement superpriority administrative expense claim status in
  connection with the Chapter 11 Cases and grants the U.S. Administrative Agent,
  for its benefit and the benefit of the lenders under the DIP Credit Agreement,
  automatically perfected security interests in and liens on all of the DIP
  Collateral (as defined in the Final Order), including Cash Collateral (as
  defined in the Bankruptcy Code).&#160; The
  Final Order is publicly available and may be accessed on the Internet at
  http://pacer.psc.uscourts.gov or www.kccllc.net/linensnthings.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Borrowings by the
  U.S. Borrowers under the Revolver are subject to a borrowing base, which is a
  formula based on certain eligible inventory and receivables of the Debtors,
  minus certain reserves.&nbsp; The Canadian Subfacility is subject to a separate
  Canadian borrowing base.&nbsp; The use of the Revolver (including the Canadian
  Subfacility) is limited in accordance with the DIP Budget (as defined in the
  DIP Credit Agreement).&#160; The use of proceeds
  under the DIP Credit Agreement are limited to refinancing the prepetition
  senior credit facility of LNT, Center, and Linens Canada, working capital and
  other general corporate purposes consistent with the DIP Budget, payment of
  costs and expenses related to the administration of the Chapter 11 Cases, and
  payment of other prepetition expenses as contemplated by the DIP Budget and as
  approved by the Bankruptcy Court and consented to by the U.S. Administrative
  Agent.&#160; The principal amount outstanding
  of the loans under the DIP Credit Agreement, plus interest accrued and unpaid
  thereon, will be due and payable in full at maturity, which is the earlier of May&nbsp;2,
  2009 and confirmation of a plan of reorganization in the Chapter 11 Cases,
  subject to provisions in the DIP Credit Agreement providing for an earlier
  maturity date under certain circumstances.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Borrowings under
  the DIP Credit Agreement bear interest at a rate equal to, at the U.S.
  Borrowers&#146; option, either (1)&nbsp;the alternate base rate (as defined in the DIP
  Credit Agreement) plus 1.75% or (2)&nbsp;the adjusted LIBOR rate (as defined in
  the DIP Credit Agreement), with respect to any Eurodollar borrowing, plus
  3.25%.&nbsp; In lieu of the alternate base rate, the Canadian Subfacility bears
  interest at the Canadian prime rate (as defined in the DIP Credit Agreement)
  plus 1.75%.&#160; If the borrowers default on
  their obligations under the DIP Credit Agreement, the default rate of interest
  will be the rate otherwise in effect plus 2.00%.&#160; In addition to interest, the borrowers are
  required to pay a commitment fee of 0.375% per annum in respect of the
  unutilized commitments thereunder.&nbsp; A closing fee of 2.00% of the
  aggregate amount of commitments under the DIP Credit Agreement was payable on May&nbsp;5,
  2008.&#160; The borrowers must also pay letter
  of credit fees and agency fees.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">All obligations
  under the DIP Credit Agreement are unconditionally guaranteed by Holding and
  certain of its existing and future domestic subsidiaries as Debtors.&#160; The Canadian Subfacility is guaranteed by
  Holding&#146;s Canadian subsidiaries other than the Canadian Borrower.&nbsp; All
  obligations under the Revolver, other than the Canadian Subfacility, and the
  guarantees of those obligations, are secured, subject to certain exceptions, by
  </font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>
  
  <div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='2',FILE='C:\JMS\Vmeane\08-15593-1\task2969921\15593-1-ba.htm',USER='vmeane',CD='Jun  2 12:12 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div style="font-family:Times New Roman;">
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">substantially all of the
  assets of the U.S. Borrowers and the Debtor guarantors, including: (i)&nbsp;a
  first-priority security interest in inventory, accounts receivable, cash,
  securities and other general intangibles; and (ii)&nbsp;a second-priority
  security interest in equipment, intellectual property rights and related
  general intangibles and all of the capital stock of LNT and the capital stock
  of certain subsidiaries.&#160; The Canadian
  Subfacility is secured by all assets of the Canadian subsidiaries only.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The DIP Credit
  Agreement also contains certain customary affirmative and negative
  covenants.&#160; In addition to customary
  events of default, the DIP Credit Agreement includes events of defaults related
  to the progress of the Chapter 11 Cases.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The description of
  the DIP Credit Agreement in this report does not purport to be complete and is
  qualified in its entirety by reference to the DIP Credit Agreement, a copy of
  which is attached hereto as Exhibit&nbsp;10.1 and incorporated by reference.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As of the close of
  business on May&nbsp;29, 2008, the borrowers had excess availability of $140.7
  million under the Revolver.&#160; This amount
  reflects an increase of $44.1 million over the excess availability projected by
  the Debtors for the end of May&nbsp;in the DIP Budget referred to in the order
  granting the interim approval of the DIP Credit Agreement.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Holding issued a
  press release on June&nbsp;2, 2008 with respect to the DIP Credit Agreement, a
  copy of which is attached hereto as Exhibit&nbsp;99.1 (the &#147;<u>Press Release</u>&#148;).</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 8.01</font></b><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><font size="2" style="font-size:10.0pt;font-weight:bold;">Other Events.</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;text-justify:inter-ideograph;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In the Press Release, Holding also announced that
  approximately 83% of the dollar amount of all product orders from domestic
  vendors for May&nbsp;or June&nbsp;delivery have been or are being shipped on
  terms.</font></p>
  
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;text-justify:inter-ideograph;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">Financial Statements and Exhibits.</font></b></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.75in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Exhibits.</font></p>
  
  <p style="margin:0in 0in .0001pt .25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Senior Secured,
  Super-Priority Debtor-in-Possession and Exit Option Credit Agreement, dated as
  of May&nbsp;5, 2008, among Linens <b>&#146;</b>n
  Things,&nbsp;Inc. and Linens <b>&#146;</b>n
  Things Center,&nbsp;Inc., as U.S. Borrowers, Linens <b>&#146;</b>n Things Canada Corp., as Canadian Borrower, Linens Holding
  Co., as Guarantor, the Subsidiary Guarantors party thereto, the Lenders party
  thereto, General Electric Capital Corporation, as U.S. Administrative Agent, GE
  Canada Finance Holding Company, as Canadian Administrative Agent, and the other
  Agents party thereto.</p>
  
  <p style="margin:0in 0in .0001pt 1.0in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Press Release of Linens
  Holding Co. dated June&nbsp;2, 2008.</p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>
  
  <div style="margin:0in 0in .0001pt;text-indent:0in;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
  <!-- SEQ.=1,FOLIO='3',FILE='C:\JMS\Vmeane\08-15593-1\task2969921\15593-1-ba.htm',USER='vmeane',CD='Jun  2 12:12 2008' -->
  
  
  <br clear="all" style="page-break-before:always;">
  
  
  <div style="font-family:Times New Roman;">
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the
  requirements of the Securities Exchange Act of 1934, the registrants have duly
  caused this report to be signed on their behalf by the undersigned hereunto
  duly authorized.</font></p>
  
  <p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dated:&#160; June&nbsp;2, 2008</font></p>
  
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.58%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">HOLDING
    CO.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.58%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    &#145;N THINGS, INC.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.58%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LINENS
    &#145;N THINGS CENTER, INC.</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="49%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:49.58%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrants)</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.42%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
    </td>
    <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:46.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/
    FRANCIS M. ROWAN</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:46.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;Francis
    M. Rowan</font></p>
    </td>
   </tr>
   <tr>
    <td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.16%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="46%" valign="top" style="padding:0in 0in 0in 0in;width:46.42%;">
    <p style="line-height:normal;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;&nbsp;Senior Vice President and Chief
    Financial Officer</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <p align="center" style="line-height:normal;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>
  
  <div style="line-height:normal;margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
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  <br clear="all" style="page-break-before:always;">
  
  
  <div>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT
  INDEX</font></b></p>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
   <tr>
    <td width="7%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:7.78%;">
    <p style="margin:0in 0in .0001pt;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p>
    </td>
    <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.06%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
    </td>
    <td width="88%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:88.16%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Description</font></b></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:7.78%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.06%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="border:none;padding:0in 0in 0in 0in;width:88.16%;">
    <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.78%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
    </td>
    <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.06%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.16%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Senior Secured, Super-Priority Debtor-in-Possession
    and Exit Option Credit Agreement, dated as of May&nbsp;5, 2008, among Linens <b>&#146;</b>n Things,&nbsp;Inc. and Linens <b>&#146;</b>n Things Center,&nbsp;Inc., as U.S.
    Borrowers, Linens <b>&#146;</b>n Things
    Canada Corp., as Canadian Borrower, Linens Holding Co., as Guarantor, the
    Subsidiary Guarantors party thereto, the Lenders party thereto, General
    Electric Capital Corporation, as U.S. Administrative Agent, GE Canada Finance
    Holding Company, as Canadian Administrative Agent, and the other Agents party
    thereto.</font></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.78%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.06%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.16%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
    </td>
   </tr>
   <tr>
    <td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.78%;">
    <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>
    </td>
    <td width="4%" valign="bottom" style="padding:0in 0in 0in 0in;width:4.06%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
    </td>
    <td width="88%" valign="top" style="padding:0in 0in 0in 0in;width:88.16%;">
    <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Press Release of Linens Holding Co. dated
    June&nbsp;2, 2008.</font></p>
    </td>
   </tr>
  </table>
  
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  
  <div style="margin:0in 0in .0001pt;text-indent:0in;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>
  
  </div>
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text: UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of The Securities Exchange
  Act of 1934
  Date of Report
  (Date of earliest event reported):
  May 28, 2008
  LINENS
  HOLDING CO.
  LINENS
  '
  N THINGS, INC.
  LINENS
  'N THINGS CENTER, INC.
  (Exact names of
  registrants as specified in their charters)
  Delaware
  333-135646-12
  20-4192917
  Delaware
  001-12381
  22-3463939
  California
  333-135646-11
  59-2740308
  (States or other
    jurisdictions of incorporation)
  (Commission File
    Numbers)
  (IRS Employer
  Identification Nos.)
  6
  Brighton Road, Clifton, New Jersey  07015
  (Address of
  principal executive offices)  (Zip Code)
  (973) 778-1300
  (Registrants'
  telephone number, including area code)
  Check the appropriate box
  below if the Form 8-K filing is intended to simultaneously satisfy the
  filing obligations of the registrants under any of the following provisions:
  o
  Written communications pursuant to Rule 425 under the Securities
  Act (17 CFR 230.425)
  o
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
  (17 CFR 240.14a-12)
  o
  Pre-commencement communications pursuant to Rule 14d-2(b) under
  the Exchange Act (17 CFR 240.14d-2(b))
  o
  Pre-commencement communications pursuant to Rule 13e-4(c) under
  the Exchange Act (17 CFR 240.13e-4(c))
  Item 1.01               Entry
  into a Material Definitive Agreement.
  As previously disclosed
  by Linens Holding Co. ("
  Holding
  "), in connection with the filings on May 2,
  2008 by Holding and each of its direct and indirect U.S. subsidiaries (together
  with Holding, the "
  Debtors
  ") of voluntary petitions for relief under
  Chapter 11 of the United States Bankruptcy Code (the "
  Bankruptcy Code
  ")
  in the United States Bankruptcy Court for the District of Delaware (the "
  Bankruptcy
  Court
  ") (jointly administered under Case No. 08 10832) (the "
  Chapter
  11 Cases
  "), the Debtors filed motions seeking Bankruptcy Court approval of
  a Senior Secured, Super-Priority Debtor-in-Possession and Exit Option Credit
  Agreement (the "
  DIP Credit Agreement
  ") among Linens
  '
  n Things, Inc. ("
  LNT
  ") and
  Linens
  '
  n Things Center, Inc.
  ("
  Center
  "), as U.S. Borrowers, Linens
  '
  n
  Things Canada Corp. ("
  Linens Canada
  "), as Canadian Borrower, Holding, as
  Guarantor, the Subsidiary Guarantors party thereto, the Lenders party thereto,
  General Electric Capital Corporation, as U.S. Administrative Agent, GE Canada
  Finance Holding Company, as Canadian Administrative Agent, and the other Agents
  party thereto.  The DIP Credit Agreement
  provides for a revolving credit commitment of up to $700.0 million (the "
  Revolver
  "),
  with a non-debtor-in-possession Canadian subfacility of the Revolver available
  to the Canadian Borrower of up to $50.0 million (the "
  Canadian Subfacility
  ").
  The Bankruptcy Court
  granted interim approval of the DIP Credit Agreement on May 2, 2008.  Based on the Bankruptcy Court's interim
  approval, the Debtors and the other parties to the DIP Credit Agreement
  executed the DIP Credit Agreement dated as of May 5, 2008, subject to
  final approval by the Bankruptcy Court.
  On May 28, 2008, the
  Bankruptcy Court granted a final order approving the DIP Credit Agreement and
  authorizing the Debtors' performance thereunder and under related loan
  documents (the "
  Final Order
  "). 
  Among other things, the Final Order grants the obligations under the DIP
  Credit Agreement superpriority administrative expense claim status in
  connection with the Chapter 11 Cases and grants the U.S. Administrative Agent,
  for its benefit and the benefit of the lenders under the DIP Credit Agreement,
  automatically perfected security interests in and liens on all of the DIP
  Collateral (as defined in the Final Order), including Cash Collateral (as
  defined in the Bankruptcy Code).  The
  Final Order is publicly available and may be accessed on the Internet at
  http://pacer.psc.uscourts.gov or www.kccllc.net/linensnthings.
  Borrowings by the
  U.S. Borrowers under the Revolver are subject to a borrowing base, which is a
  formula based on certain eligible inventory and receivables of the Debtors,
  minus certain reserves.  The Canadian Subfacility is subject to a separate
  Canadian borrowing base.  The use of the Revolver (including the Canadian
  Subfacility) is limited in accordance with the DIP Budget (as defined in the
  DIP Credit Agreement).  The use of proceeds
  under the DIP Credit Agreement are limited to refinancing the prepetition
  senior credit facility of LNT, Center, and Linens Canada, working capital and
  other general corporate purposes consistent with the DIP Budget, payment of
  costs and expenses related to the administration of the Chapter 11 Cases, and
  payment of other prepetition expenses as contemplated by the DIP Budget and as
  approved by the Bankruptcy Court and consented to by the U.S. Administrative
  Agent.  The principal amount outstanding
  of the loans under the DIP Credit Agreement, plus interest accrued and unpaid
  thereon, will be due and payable in full at maturity, which is the earlier of May 2,
  2009 and confirmation of a plan of reorganization in the Chapter 11 Cases,
  subject to provisions in the DIP Credit Agreement providing for an earlier
  maturity date under certain circumstances.
  Borrowings under
  the DIP Credit Agreement bear interest at a rate equal to, at the U.S.
  Borrowers' option, either (1) the alternate base rate (as defined in the DIP
  Credit Agreement) plus 1.75% or (2) the adjusted LIBOR rate (as defined in
  the DIP Credit Agreement), with respect to any Eurodollar borrowing, plus
  3.25%.  In lieu of the alternate base rate, the Canadian Subfacility bears
  interest at the Canadian prime rate (as defined in the DIP Credit Agreement)
  plus 1.75%.  If the borrowers default on
  their obligations under the DIP Credit Agreement, the default rate of interest
  will be the rate otherwise in effect plus 2.00%.  In addition to interest, the borrowers are
  required to pay a commitment fee of 0.375% per annum in respect of the
  unutilized commitments thereunder.  A closing fee of 2.00% of the
  aggregate amount of commitments under the DIP Credit Agreement was payable on May 5,
  2008.  The borrowers must also pay letter
  of credit fees and agency fees.
  All obligations
  under the DIP Credit Agreement are unconditionally guaranteed by Holding and
  certain of its existing and future domestic subsidiaries as Debtors.  The Canadian Subfacility is guaranteed by
  Holding's Canadian subsidiaries other than the Canadian Borrower.  All
  obligations under the Revolver, other than the Canadian Subfacility, and the
  guarantees of those obligations, are secured, subject to certain exceptions, by
  2
  substantially all of the
  assets of the U.S. Borrowers and the Debtor guarantors, including: (i) a
  first-priority security interest in inventory, accounts receivable, cash,
  securities and other general intangibles; and (ii) a second-priority
  security interest in equipment, intellectual property rights and related
  general intangibles and all of the capital stock of LNT and the capital stock
  of certain subsidiaries.  The Canadian
  Subfacility is secured by all assets of the Canadian subsidiaries only.
  The DIP Credit
  Agreement also contains certain customary affirmative and negative
  covenants.  In addition to customary
  events of default, the DIP Credit Agreement includes events of defaults related
  to the progress of the Chapter 11 Cases.
  The description of
  the DIP Credit Agreement in this report does not purport to be complete and is
  qualified in its entirety by reference to the DIP Credit Agreement, a copy of
  which is attached hereto as Exhibit 10.1 and incorporated by reference.
  As of the close of
  business on May 29, 2008, the borrowers had excess availability of $140.7
  million under the Revolver.  This amount
  reflects an increase of $44.1 million over the excess availability projected by
  the Debtors for the end of May in the DIP Budget referred to in the order
  granting the interim approval of the DIP Credit Agreement.
  Holding issued a
  press release on June 2, 2008 with respect to the DIP Credit Agreement, a
  copy of which is attached hereto as Exhibit 99.1 (the "
  Press Release
  ").
  Item 8.01
  Other Events.
  In the Press Release, Holding also announced that
  approximately 83% of the dollar amount of all product orders from domestic
  vendors for May or June delivery have been or are being shipped on
  terms.
  Item 9.01
  Financial Statements and Exhibits.
  (d)
  Exhibits.
  10.1
  Senior Secured,
  Super-Priority Debtor-in-Possession and Exit Option Credit Agreement, dated as
  of May 5, 2008, among Linens
  '
  n
  Things, Inc. and Linens
  '
  n
  Things Center, Inc., as U.S. Borrowers, Linens
  '
  n Things Canada Corp., as Canadian Borrower, Linens Holding
  Co., as Guarantor, the Subsidiary Guarantors party thereto, the Lenders party
  thereto, General Electric Capital Corporation, as U.S. Administrative Agent, GE
  Canada Finance Holding Company, as Canadian Administrative Agent, and the other
  Agents party thereto.
  99.1
  Press Release of Linens
  Holding Co. dated June 2, 2008.
  3
  SIGNATURES
  Pursuant to the
  requirements of the Securities Exchange Act of 1934, the registrants have duly
  caused this report to be signed on their behalf by the undersigned hereunto
  duly authorized.
  Dated:  June 2, 2008
  LINENS
  HOLDING
    CO.
  LINENS
    'N THINGS, INC.
  LINENS
    'N THINGS CENTER, INC.
  (Registrants)
  By:
  /s/
    FRANCIS M. ROWAN
  Francis
    M. Rowan
  Senior Vice President and Chief
    Financial Officer
  4
  EXHIBIT
  INDEX
  Exhibit No.
  Description
  10.1
  Senior Secured, Super-Priority Debtor-in-Possession
    and Exit Option Credit Agreement, dated as of May 5, 2008, among Linens
  '
  n Things, Inc. and Linens
  '
  n Things Center, Inc., as U.S.
    Borrowers, Linens
  '
  n Things
    Canada Corp., as Canadian Borrower, Linens Holding Co., as Guarantor, the
    Subsidiary Guarantors party thereto, the Lenders party thereto, General
    Electric Capital Corporation, as U.S. Administrative Agent, GE Canada Finance
    Holding Company, as Canadian Administrative Agent, and the other Agents party
    thereto.
  99.1
  Press Release of Linens Holding Co. dated
    June 2, 2008.