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Edgenet wins interim access to cash collateral; final hearing Feb. 11
By Caroline Salls
Pittsburgh, Jan. 24 - Edgenet, Inc. obtained interim court approval to use the cash collateral of its pre-bankruptcy lenders, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.
The cash collateral is being used to fund the company's operations while in bankruptcy.
The interim cash collateral access is scheduled to expire on Feb. 11, which is the date of the final hearing.
Edgenet, an Atlanta-based provider of cloud-based content, applications and services, filed bankruptcy on Jan. 14. The Chapter 11 case number is 14-10066.
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