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Here are some of the latest bankruptcy stories our reporters have been
covering Wednesday morning on TheDeal.com. For more check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider.
Icon creditor seeks stay of relief
A creditor of Indianapolis-based Icon Transportation Co. will seek relief from stay so that it may move in on $326,775 in proceeds from a civil court triumph against the bankrupt warehousing, logistics and transport services provider. The relief, sought by the Icon's former employee Thomas J. Lee Jr., will be considered on Sept. 16. - Carolyn Okomo ProxyMed price doubles to $24.4M Two private equity vehicles battled over a dozen rounds before the price for ProxyMed Transaction Services Inc. doubled to $24.35 million in a sale that was approved Tuesday. After more than three hours of fevered bidding, Marlin Equity Partners LLC affiliate MHC Acquisition Corp. was selected as the winning bidder over private equity-owned Maple Acquisition Co. LLC. - Terry Brennan Playmore looks to craft sale A New Jersey judge has pushed back a hearing on Playmore Inc.'s cash collateral use so that the children's book publisher can work with creditors and its lender to fashion a potential sale. On Sept. 22, a judge will revisit the cash collateral use. - Terry Brennan Categories Deal Video
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