Creditors Slam KeyBank's Loan Terms In Payroll Firm's Ch. 11
By Vince Sullivan ( September 6, 2019, 4:50 PM EDT) -- The official committee of unsecured creditors in the Chapter 11 case of payroll company Interlogic Outsourcing Inc. told an Indiana judge late Thursday that a proposed $7.8 million post-petition loan includes excessive interest rates and accused lender KeyBank NA of trying to improve its creditor position....
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