GST Autoleather Cleared For Ch. 11 Bidding, Borrowing
Judge Laurie Selber Silverstein approved the company’s debtor-in-possession loan agreement, initially proposed at $40 million, with agent Royal Bank of Canada after more than an hour of closed-door talks produced an agreement adding to fees available for the company’s committee of unsecured creditors.
Benjamin M. Rhode of Kirkland & Ellis LLP, counsel to Autoleather, told...
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