Party City Gets Final OK For Ch. 11 Plan Slashing $1B In Debt

By Hilary Russ ( September 6, 2023, 8:14 PM EDT) -- A Texas bankruptcy judge on Wednesday granted final approval to Party City's plan to strip away about $1 billion of debt and provide capital for the retailer's exit from bankruptcy, while shrinking its store footprint and renegotiating leases....

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