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BHCosmetics receives further interim access to cash collateral
By Sarah Lizee
Olympia, Wash., Feb. 10 – BHCosmetics Holdings, LLC has received further interim approval to access the cash collateral of prepetition lender Fifth Third Bank, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
As previously reported, the cash collateral motion drew an objection from the official committee of unsecured creditors.
Thursday’s order said that any objections, to the extent not withdrawn, waived or resolved, have been overruled.
BHCosmetics is a Culver City, Calif.-based beauty brand that focuses on clean, vegan and cruelty-free cosmetics. The company filed bankruptcy on Jan. 14 under Chapter 11 case number 22-10050.
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