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Kirk hearing on final access to cash collateral to continue Tuesday
By Jennifer Lanning Drey
Portland, Ore., June 22 - Kirk Corp.'s hearing for final approval to access cash collateral will continue Tuesday in the U.S. Bankruptcy Court for the Northern District of Illinois, according to an attorney.
The hearing began Monday.
As previously reported, Kirk was granted interim access to cash collateral on May 20.
The cash collateral is being used to pay wages, salaries and operating expenses.
Kirk, an employee-owned homebuilder based in Streamwood, Ill., filed for bankruptcy on May 12. Its Chapter 11 case number is 0917236.
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