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Careismatic Creditors Lash Out At DIP Proposal

By Emlyn Cameron (February 27, 2024, 4:46 PM EST) -- Prepetition lien lenders for bankrupt medical scrubs distributor Careismatic Brands LLC are using an agreement aimed at funding the company's Chapter 11 case to swipe potential recoveries from unsecured creditors, those unsecured creditors have told a New Jersey bankruptcy court....

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