Napoleon Perdis creditors approve $1.6m DOCA but not all are happy
Last week Terry Yates, the owner of box maker DRP Cartons, received an email from Napoleon Perdis Cosmetics.
Titled "URGENT & IMPORTANT – ENDING THE VOLUNTARY ADMINISTRATION & SAVING THE NAPOLEON PERDIS BRAND", it was a plea to creditors to vote in favour of a $1.6 million rescue proposal that would save the company from collapse and enable founder Napoleon Perdis and his wife Soula-Marie to keep their roles as creative and development directors.
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