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Published on 9/12/2008 in the Prospect News Distressed Debt Daily.

Whitehall interim access to DIP facility extended to Sept. 24 final hearing

By Jennifer Lanning Drey

Portland, Ore., Sept. 12 - Whitehall Jewelers Holdings Inc.'s interim access to its $80 million debtor-in-possession financing was extended to Sept. 24 after the hearing for final approval was pushed back to the same date, according to a Friday filing with the U.S. Bankruptcy Court for the District of Delaware.

The hearing was previously scheduled for Sept. 12.

The interim approval was extended at the request of the company, along with its term lenders, DIP facility agent, term loan agent and official committee of unsecured creditors, according to the filing.

Whitehall, a Chicago-based jewelry retailer, filed for bankruptcy on June 23. Its Chapter 11 case number is 08-11261.


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