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Pipeline Foods receives final court approval to use cash collateral
By Sarah Lizee
Olympia, Wash., Aug. 23 – Pipeline Foods, LLC received final court approval to use the cash collateral of its pre-petition lenders, according to a final order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
As previously reported, the cash collateral motion drew objections from the official committee of unsecured creditors, lender Compeer Financial and Regions 3 and 9 U.S. trustee Andrew R. Vara.
Friday’s order said all objections had been resolved, overruled or withdrawn.
Pipeline Foods is a Minneapolis-based organic food supply chain. The company filed bankruptcy on July 8 under Chapter 11 case number 21-11002.
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