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Avenue Stores' Ch. 11 Bid Protections OK'd With Condition

By Rose Krebs ( October 2, 2019, 8:44 PM EDT) -- Bankrupt retailer Avenue Stores Inc. received approval from a Delaware judge Wednesday for $550,000 in protections for a stalking horse bidder in its Chapter 11, but with the caveat that the judge will hold off on deciding whether to give the protections priority over other claims against the estate....

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