Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Legacy Cares, Inc. > News item |
Legacy Cares gets approval to access cash collateral through November
By Sarah Lizee
Olympia, Wash., Nov. 10 – Legacy Cares, Inc. was granted approval to access cash collateral through November, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Arizona.
The company and UMB Bank, NA have agreed to the terms of the cash collateral use.
The court said the debtor has a critical need to use cash collateral in order to administer and preserve the value of the estate.
Legacy Cares is a non-profit corporation that owns Legacy Park, formerly known as Bell Bank Park, a 320-acre sports and entertainment complex in Mesa, Ariz. The company filed bankruptcy on May 1, 2023 under Chapter 11 case number 23-02832.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.