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Cache Reaches Financing Deal To Stop Fall Into Ch. 7

By Matt Chiappardi ( May 7, 2015, 3:30 PM EDT) -- Liquidating apparel retailer Cache Inc. reached a last-minute financing deal that promises to prevent the case from being converted into a Chapter 7 proceeding and resolve some priority claims such as back rent, payment of which were in question weeks ago, the parties told a Delaware bankruptcy judge Thursday....

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