Barneys New York, Inc. – Court Approves $75mn in Junior DIP Financing to be Provided by Hilco Global and Gordon Brothers

August 7, 2019 – The Court hearing the Barneys New York cases issued an order authorizing the Debtors to (i) access $75.0mn in debtor-in-possession (“DIP”) financing to be provided by Gordon Brothers and Hilco Global and (ii) use cash collateral [Docket No. 49]. The DIP financing allows the Debtors to market themselves and aim for…