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Fairway Energy Cleared To Tap $20M Del. Ch. 11 DIP Loan

By Jeff Montgomery (November 28, 2018, 8:58 PM EST) -- Bankrupt Fairway Energy LP won court approval Wednesday to tap the first $6 million of a $20 million Delaware Chapter 11 loan after assuring equity holders that the oil storage company would "shop" for a better borrowing deal as it pursues a company sale....

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