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Barneys Creditors Say DIP Loan Is Not Enough To Run Sale

By Vince Sullivan (August 30, 2019, 5:47 PM EDT) -- The official committee of unsecured creditors of bankrupt luxury retailer Barneys New York Inc. objected Friday to the debtor's proposed $217 million post-petition financing package, saying the amount of new money provided by the loans doesn't justify the overly onerous lending terms and wouldn't properly fund the debtor's sale plans....

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