PE-Backed Oil Co. Gets Interim OK For $16M DIP Loan

By Matt Chiappardi (October 31, 2013, 7:05 PM EDT) -- A Delaware bankruptcy judge gave the interim nod Thursday to private equity-backed oil firm Goldking Holdings LLC's $16 million post-petition loan, but some significant fights may lie ahead in the case as the company's former CEO questioned why the filing occurred in Delaware and the validity of the petition itself....

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