Former Packable Holdings gets extension of cash collateral access

By Sarah Lizee

Olympia, Wash., March 7 – Pack Liquidating, LLC, formerly Packable Holdings, LLC, received approval to continue using cash collateral, according to an order filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The committee’s challenge period was also extended through the earlier of May 17 and the deadline to object to confirmation of a Chapter 11 plan.

A final hearing on the cash collateral use is scheduled for April 17.

Packable is a Hauppauge, N.Y.-based e-commerce company that operates as a third-party seller of health, beauty and other consumer products on online marketplaces. The company filed bankruptcy on Aug. 28 under Chapter 11 case number 22-10797.

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