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NY Youth Club Facing Abuse Claims Seeks $11M Ch. 11 Loan

By Dorothy Atkins ( September 16, 2022, 5:54 PM EDT) -- The Madison Square Boys & Girls Club, which is facing more than a hundred sexual abuse claims, asked a New York bankruptcy judge Thursday for permission to take out $11 million in debtor-in-possession financing, saying it is nearly out of the cash it needs to stay open and to resolve the claims....

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