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Retailer Soft Surroundings Gets $17M DIP For Quick Ch. 11

By Alex Wittenberg ( September 12, 2023, 6:33 PM EDT) -- Women's apparel retailer Soft Surroundings on Tuesday received a Texas bankruptcy judge's approval to tap $17 million in debtor-in-possession financing that the company will use to fund operations during its Chapter 11 process, which it wants to start wrapping up by early November. ...

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