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American Apparel Lender Said to Seek Repayment

Bloomberg
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July 08, 2014 AT 9:40 AM
July 8 (Bloomberg) -- American Apparel Inc. creditor Lion Capital LLP is demanding immediate repayment of a $10 million loan after the two sides failed to reach an agreement, a person with direct knowledge of the situation said. Julie Hyman reports on In The Loop. (Source: Bloomberg)