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Published on 1/12/2022 in the Prospect News Distressed Debt Daily.

Express Grain cash collateral use extended through Jan. 28

By Sarah Lizee

Olympia, Wash., Jan. 12 – Express Grain Terminals, LLC’s access to cash collateral of secured lender UMB Bank, NA has been extended through Jan. 28, according to an order filed Tuesday with the U.S. Bankruptcy Court for the Northern District of Mississippi.

A further hearing will take place on Jan. 25.

Greenwood, Miss.-based Express Grain Terminals is an agricultural processing and marketing company. It filed bankruptcy on Sept. 29 under Chapter 11 case number 21-11832.


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