Savient Gets Nod To Fund Ch. 11 Sale With Cash Collateral
At a hearing in Wilmington, U.S. Bankruptcy Judge Mary F. Walrath signed off on the cash-collateral motion and other pleadings designed to keep Savient up and running while it pursues a stalking horse sale to Sloan Holdings CV, a unit of US WorldMeds LLC.
“This case is about selling the business,”...
To view the full article, register now.