YogaWorks judge approves interest-free bankruptcy loan

YogaWorks on Friday obtained court approval to access a $3.35 million interest-free loan to fund its business during its bankruptcy and sale process. The Santa Monica, California-based company, which offered yoga classes at 60 studios across the United States until the COVID-19 pandemic forced them to close, filed for Chapter 11 protection on Wednesday in the U.Bankruptcy Court for the District of Delaware.

Link: YogaWorks judge approves interest-free bankruptcy loan
via www.reuters.com

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