Bankruptcy Court Allows Decode Genetics to Continue Operations | GenomeWeb

NEW YORK (GenomeWeb News) – Decode Genetics today said that the US Bankruptcy Court for the District of Delaware has approved "first day" motions for the firm's petition for relief under Chapter 11 filed last week.

Decode said that the court has allowed the firm to continue operating during the Chapter 11 proceedings. The court also granted interim approval for the firm's debtor-in-possession financing from Saga Investments.

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