Spandex Maker Lycra Files Ch. 11 To Slash $1.2B Debt
By Emily Lever ( March 17, 2026, 11:36 AM EDT) -- A Texas bankruptcy judge Tuesday agreed to give interim approval for fiber manufacturer The Lycra Company LLC to tap into $50 million of its $75 million in debtor-in-possession financing as the company moves toward a quick debt restructuring....
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