Bar Louie Del. Ch. 11 Sale Plans OK'd After Breakup Fee Trim

By Jeff Montgomery (February 27, 2020, 10:11 PM EST) -- Bankrupt gastropub chain Bar Louie secured a Delaware bankruptcy judge's approval for its sale procedures Thursday, after applying a $1.4 million cut to a "breakup" fee for the debtor's stalking horse in case its $82.5 million credit bid is beaten....

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