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Published on 11/9/2022 in the Prospect News Distressed Debt Daily.

Packable Holdings asks to extend interim access to cash collateral

Chicago, Nov. 9 – Packable Holdings, LLC is requesting entry of an order approving a stipulation to further extend the use of cash collateral, according to a filing with the U.S. Bankruptcy Court for the District of Delaware.

A final hearing is contemplated for Nov. 21 and the official committee of unsecured creditors’ objection deadline to the use of cash collateral on a final bases would be Nov. 16.

Originally, the debtor was granted access to the cash collateral through Sept. 30 with a final hearing originally expected to take place on Sept. 29.

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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