NEW YORK - A federal bankruptcy judge in the U.S. Bankruptcy Court for the Southern District of New York on April 30 approved $2.5 million in debtor-in-possession (DIP) financing for bankrupt fashion house Betsey Johnson LLC as it attempts to restructure debts listed between $10 million and $50 million (In Re: Betsey Johnson LLC, No. 12-11732, Chapter 11, S.D. N.Y. Bkcy.). Subscribers may view the order and petition available within the full update.