Kirk hearing on final access to cash collateral continued to Aug. 5

By Jennifer Lanning Drey

Portland, Ore., July 29 - Kirk Corp.'s hearing for final approval to access cash collateral was continued to Aug. 5 by the U.S. Bankruptcy Court for the Northern District of Illinois, according to a Wednesday filing.

As previously reported, Kirk was granted interim access to the 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 09-17236.

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