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Angelica Bankruptcy Plan Confirmed

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The U.S. Bankruptcy Court entered an order confirming Angelica’s Third Amended Joint Chapter 11 Plan. Substantially all of Angelica’s assets were sold during the Company’s Chapter 11 proceeding, with sale proceedings used to satisfy various claims.

The privately-held medical laundry and linen management services’ provider, n/k/a RFID Corporation, filed for Chapter 11 protection on April 3, 2017, listing more than $100 million in assets.

Read more Angelica bankruptcy news.