CEO Dov Charney’s ouster could be ruinous for American Apparel – Los Angeles Times

Los Angeles Times
American Apparel filed documents with the Securities and Exchange Commission saying that ousting Charney from the Los Angeles retailer’s top slot could trigger defaults on nearly $40 million in outstanding loans and force the company into bankruptcy.
American Apparel boots out founder Charney, shares riseThe Jewish Journal of Greater L.A.

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