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Wet Seal Gets OK To Solicit Creditors On Ch. 11 Plan

By Matt Chiappardi (September 11, 2015, 5:41 PM EDT) -- A Delaware bankruptcy judge gave The Wet Seal Inc. estate the thumbs up Friday on the disclosure statement for its Chapter 11 plan, allowing it to solicit creditors on its strategy for divvying up proceeds from the April going-concern sale to a unit of Versa Capital Management LLC....

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