By  on March 29, 2017

Tuesday was a busy day in court for BCBG Max Azria Global Holdings LLC’s bankruptcy case.

The company — which went into its bankruptcy with about $200,000 in cash — now has assurance of post-petition financing with a judge approving an $80 million debtor-in-possession loan, $45 million of which is new money from the company’s lenders. BCBG earlier this month received court approval to tap into as much as $15 million on that $45 million in new financing in an interim order.

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