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Published on 11/24/2020 in the Prospect News Distressed Debt Daily.

Henry Ford Village gets final court approval to use cash collateral

By Sarah Lizee

Olympia, Wash., Nov. 24 – Henry Ford Village, Inc. received final court approval to access the cash collateral of bond trustee UMB Bank, NA, according to an order filed Monday in the U.S. Bankruptcy Court for the Eastern District of Michigan.

The company’s access to the cash collateral will terminate in 13 weeks.

Henry Ford Village is a senior living community based in Dearborn, Mich. The company filed Chapter 11 bankruptcy on Oct. 28 under case number 20-51066.


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