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American Apparel Escapes Bankruptcy:

Los Angeles-based American Apparel Inc. announced today that the U.S. Bankruptcy Court for the District of Delaware has approved its reorganization plan, setting the stage for the company to emerge from Chapter 11 and become a privately held entity.
Will bankruptcy cost American Apparel its cool?

American Apparel Delisted From NYSE Day After Chapter 11 Filing:

One day after filing for Chapter 11 bankruptcy protection, Los Angeles-based clothing manufacturer and retailer American Apparel announced today that the New York Stock...