Insolvency Looms For Wet Seal Ch. 11, Creditors Warn
By Jeff Montgomery ( February 22, 2017, 7:58 PM EST) -- Unsecured creditors of bankrupt clothing retailer The Wet Seal LLC warned on Wednesday that the company's Chapter 11 appears headed for insolvency and urged a Delaware judge to curb payments of interest and principal to senior creditors pending resolution of cash concerns....
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