Barneys New York, Inc. – All Change for DIP Financing as Gordon Brothers/Hilco Global Get Replaced by Brigade Capital Management and B. Riley Financial; DIP Financing Grows From $75mn to $218mn

August 9, 2019 –  On August 7, 2019, the Court hearing the Barneys New York cases issued an order authorizing the Debtors to access $75.0mn in debtor-in-possession (“DIP”) financing to be provided by Gordon Brothers and Hilco Global. In frantic, last-minute developments, that has all changed. The Debtors have now filed a notice to amend…