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VarTec's final hearing on DIP scheduled for Nov. 22
By Jeff Pines
Washington, Nov. 8 - VarTec Telecom Inc.'s final hearing for its $30 million debtor-in-possession financing is scheduled for Nov. 22, according to a Monday filing with the U.S. Bankruptcy Court for the Northern District of Texas.
The Rural Telephone Finance Cooperative is the lender. The Dallas-based telecommunications provider has interim access to $9.26 million.
The company filed for bankruptcy on Nov. 1. VarTec's Chapter 11 case number is 04-81694.
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