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Strategic Materials Files for Chapter 11 Bankruptcy

The large glass recycler of windows and heavy laminated glass filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. It has secured commitments of $23 million, subject to court approval, for a debtor-in-possession financing facility from existing lenders to support business operations.
United States Chris Dods Us Bankruptcy Court Strategic Materials Inc North American Southern District

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