Alamo Drafthouse may use cash collateral through July 15

Chicago, May 9 – Alamo Drafthouse Cinemas Holdings, LLC received extended use of its cash collateral, as requested, according to an order signed on Monday with the U.S. Bankruptcy Court for the District of Delaware.

Alamo said it needed more time to allow the debtors to continue to administer their estates to fund the wind-down.

The judge extended the access through July 15.

The Austin, Tex.-based dine-in movie theater chain filed bankruptcy on March 3, 2021 under Chapter 11 case number 21-10474.

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