Barneys New York, Inc. – Court Approves a Further $142mn in DIP Financing to Settle Pre-Petition Debt

August 15, 2019 – The Court hearing the Barneys New York cases issued a second interim order authorizing the Debtors to access further debtor-in-possession ("DIP") financing of $142.0mn to be provided by Brigade Capital Management and B. Riley Financial (the “new Lenders”) [Docket No. 127]. This second tranche (the new Lenders had each provided $37.5mn…