Mealey's Bankruptcy - Bankrupt Brookstone Seeks $96.25 Million In Financing

Mealey's Bankruptcy - Bankrupt Brookstone Seeks $96.25 Million In Financing

WILMINGTON, Del. - Bankrupt Brookstone Holdings Corp. on April 3 moved in the U.S. Bankruptcy Court for the District of Delaware for permission to obtain $96.25 million in post-petition financing, also called debtor-in-possession financing (DIP), which the company contends is "critical" to maintain business operations (In Re: Brookstone Holdings Corp., No. 14-10752, Chapter 11, D. Del. Bkcy.).

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