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Bankrupt NY Contractor Can Access Up To $7.5M Of DIP Loan

By Alex Wolf ( November 29, 2017, 10:53 PM EST) -- A New York construction contractor in bankruptcy after losing a $76 million judgment for avoiding union benefit fund payments won the right Wednesday to borrow $7.5 million from a proposed $135 million debtor-in-possession loan after coming to terms with creditors worried about the creation of a superpriority lien....

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