Amazon Seller Can Tap DIP Funds, Aims For Quick Ch. 11

By Hilary Russ (March 1, 2024, 5:36 PM EST) -- A New Jersey bankruptcy judge allowed Amazon aggregator Thrasio Holdings Inc. to tap into $35 million of its $360 million post-petition financing package on Friday, over objections from a bankruptcy watchdog, and approved other measures that will allow the third-party seller to continue hawking pillows, cocktail shakers, hiking poles and hundreds of other goods online through its Chapter 11 case....

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