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.
