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YouFit Committee Slams DIP, Bidding Rules In Del. Ch. 11

By Vince Sullivan (December 3, 2020, 9:50 AM EST) -- The official committee of unsecured creditors in the Chapter 11 case of gym chain YouFit Health Clubs LLC objected to the debtor's proposed sale timeline and use of post-petition financing, saying the entire case is being run for the benefit of secured creditors which are wearing multiple hats in the case....

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