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Accuride wins final DIP approval

Posted on November 3, 2009 5:41 PM
Accuride Corp.'s restructuring is rolling forward now that a Delaware judge has allowed the auto wheelmaker to tap into the full amount of a $50 million debtor-in-possession loan.

Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Monday approved the DIP on a final basis.

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