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WJ Holdings looks to extend cash collateral access to March 31
By Caroline Salls
Pittsburgh, Dec. 10 - WJ Holdings Liquidating Co., formerly Whitehall Jewelers, requested court approval to extend its access to the cash collateral of its pre-bankruptcy term lenders through March 31, according to a Wednesday filing with the U.S. Bankruptcy Court for the District of Delaware.
According to the motion, the company is continuing to address its remaining wind-down issues, including the pursuit of remaining estate assets and the reconciliation of claims.
The cash collateral access is currently scheduled to expire on Dec. 31.
Whitehall, a Chicago-based jewelry retailer, filed for bankruptcy on June 23, 2008. Its Chapter 11 case number is 08-11261.
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