Ritz wins final DIP approval (The Deal)

Ritz Camera & Image LLC can use its entire debtor-in-possession loan as it seeks to sell its assets in bankruptcy.

Judge Kevin Gross of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Tuesday, July 17, gave the Beltsville, Md., camera retailer final approval to use its $20 million DIP from Crystal Finance LLC.

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Related Contacts
Jay Indyke Partner, New York
Cathy Hershcopf Partner, New York
Related Practices & Industries

Business Restructuring & Reorganization