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Kirk hearing on final access to cash collateral adjourned to Aug. 12
By Jennifer Lanning Drey
Portland, Ore., Aug. 5 - Kirk Corp.'s hearing for final approval to access cash collateral was adjourned to Aug. 12 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 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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