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Prospect News home > News index > List of issuers R > Headlines for RMH Franchise Holdings, Inc. > News item
Published on 9/13/2018 in the Prospect News Distressed Debt Daily.

RMH Franchise Holdings secures final approval to use cash collateral

By Caroline Salls

Pittsburgh, Sept. 13 – RMH Franchise Holdings, Inc. obtained final court approval to use the cash collateral of its pre-bankruptcy lenders, according to an order filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the cash collateral will be used to fund the company’s ongoing operations.

RMH is an Atlanta-based Applebee’s franchisee. The company filed for bankruptcy on May 8 under Chapter 11 case number 18-11092.


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