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Angel Medical Systems Receives Approval for Planned Chapter 11

Law360

Cardiac-device developer Angel Medical Systems Inc., represented by Jeffrey R. Waxman and Eric J. Monzo of @MorrisJamesLLP, won court approval Friday to begin tapping a loan of up to $2.5 million to fund operations while under chapter 11 protection.

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media mention, bankruptcy and restructuring, distressed entity insolvency counseling