American Apparel Gets Approval for Bankruptcy Plan

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Downtown Los Angeles apparel maker American Apparel Inc. has been cleared by a Delaware judge to send its bankruptcy plan for a vote to its unpaid creditors, Daily Bankruptcy Review reports.

The creditors have until Jan. 7 to vote on the struggling company’s survival strategy.

An American Apparel spokeswoman declined to comment.

A judge also ruled Thursday to allow the company’s ousted chief executive Dov Charney to revise how his firing was described in American Apparel’s bankruptcy plan disclosures, Reuters reports.

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