Propex Wins Approval For $65M DIP Package
On Monday, U.S. Bankruptcy Judge John Cook finalized the deal after “having considered all pleadings with the court,” overruling protests from the U.S. Pension Benefit Guaranty Corp., the official committee of unsecured creditors and others.
A representative from Propex could not be reached immediately for comment on Tuesday.
The ruling comes in...
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