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UPG files voluntary Chapter 11 petitions, seeks up to $6.1 million financing

Verifying
  • UPG and certain affiliates filed voluntary Chapter 11 petitions in Northern District of Illinois.
  • $6.1 million in debtor-in-possession financing is available from Firehorse Capital, subject to court approval.
  • UPG intends to complete Section 363 sale processes within 60 days, subject to court approval.
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