Alamo Drafthouse cash collateral use extended through May 15

By Sarah Lizee

Olympia, Wash., March 11 – Alamo Drafthouse Cinemas Holdings, LLC received another extension of the termination date relating to its access to cash collateral, according to a notice filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company now has access to the cash collateral of its prepetition secured lenders through May 13.

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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