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Party City Overcomes Objections To Get Nod On $150M DIP

By Leslie A. Pappas and Vince Sullivan ( January 18, 2023, 10:47 AM EST) -- Party supplies retailer Party City received interim approval Wednesday to tap into a $150 million debtor-in-possession loan after a Texas bankruptcy judge overruled the objections of secured lenders concerned over their rights to participate in the funding and to oppose an eventual bankruptcy plan....

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