By  on August 14, 2019

Barneys New York was back in bankruptcy court on Wednesday — and passed a key milestone as it winds its way through the process in hopes of finding a buyer to avoid a liquidation. 

At a hearing in Manhattan, Judge Cecelia G. Morris gave the luxury retailer the go-ahead to borrow the remaining $142 million of its proposed $217 million debtor-in-possession financing package.

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