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MMC Precision final DIP hearing continued to not-yet-determined date
By Jennifer Lanning Drey
Portland, Ore., April 15 - MMC Precision Holdings Corp.'s hearing for final approval of its $20 million debtor-in-possession facility from National City Bank was continued to a not-yet-determined date, according to a source familiar with the case.
The hearing was originally scheduled for April 15 in the U.S. Bankruptcy Court for the District of Delaware.
As previously reported, MMC received interim access to the DIP facility on March 24.
Morton, Ill.-based MMC manufactures highly engineered metal components and subassemblies. The company filed for bankruptcy on March 22. Its Chapter 11 case number is 09-10998.
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