Payless Holdings – Court Approves $21mn in Interim DIP Financing

February 25, 2019 – The Court hearing the Payless Holdings case issued an order authorizing the Debtors to access $21mn in interim debtor-in-possession (“DIP”) financing; $17mn of which is available immediately with a second tranche of $4mn to be available from March 1, 2019  [Docket No. 265]. As previously cited from the DIP motion, “The…