Debtor Manufacturer Gets Extension For $8.2 Million DIP Financing

Debtor Manufacturer Gets Extension For $8.2 Million DIP Financing

WILKES-BARRE, Pa. - A Pennsylvania federal bankruptcy judge on June 6 gave Chapter 11 debtor United Gilsonite Laboratories (UGL) another year to have access to an $8.2 million post-petition credit facility after UGL said that while it had not yet drawn ...read more