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Akorn Gets OK To Tap Into $30M Ch. 11 Funds

By Rose Krebs (May 22, 2020, 6:59 PM EDT) -- Specialty pharmaceutical giant Akorn Inc. was cleared Friday by a Delaware judge to tap into its $30 million debtor-in-possession loan as it seeks a Chapter 11 buyer for its assets with a floor bid worth roughly $1 billion in place from secured lenders....

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