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TBH19 looks to use cash collateral to fund expenses through April 30
By Sarah Lizee
Olympia, Wash., Dec. 31 – TBH19 LLC requested court approval of the continued use of cash collateral to pay expenses through April 30, according to a motion filed Wednesday with the U.S. Bankruptcy Court for the Central District of California.
According to the motion, TBH19 has not been able to generate significant rental income from its property since the Covid-19 pandemic began.
A hearing is scheduled for Jan. 21.
TBH19 is a Los Angeles-based investment company. The company filed bankruptcy on Nov. 24, 2019 under Chapter 11 case number 19-23823.
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