Sam Ash Music Can Tap $20M DIP That Trustee Opposed

By Alex Wittenberg (May 10, 2024, 4:51 PM EDT) -- Music store chain Sam Ash won a New Jersey bankruptcy court's blessing Friday to borrow $20 million in Chapter 11 financing, defeating an objection by the U.S. Trustee's Office to a mechanism that would let the funds be used to pay off existing debt held by the lender....

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