Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Kirk Corp. > News item |
Kirk granted interim access to cash collateral through June 5
By Caroline Salls
Pittsburgh, May 21 - The Kirk Corp. has been granted interim access to cash collateral through June 5, according to a Wednesday filing with the U.S. Bankruptcy Court for the Northern District of Illinois.
The cash collateral will be used to pay wages, salaries and operating expenses during the interim period.
A final hearing is scheduled for June 4.
Kirk, an employee-owned homebuilder based in Streamwood, Ill., filed for bankruptcy on May 12. Its Chapter 11 case number is 0917236.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.