Silicon Hills Campus gets interim approval to use cash collateral

By Sarah Lizee

Olympia, Wash., June 22 – Silicon Hills Campus, LLC obtained a fifth interim order approving its use of cash collateral, according to an order filed Thursday with the U.S. Bankruptcy Court for the Western District of Texas.

A further hearing is scheduled for July 16.

The order said the proceeds may be used for July utilities, payment of property tax valuation services and the remaining balance of property taxes to the Travis County Tax Assessor-Collector.

Silicon Hills is an Austin, Tex.-based real estate manager and developer. The company filed bankruptcy on Jan. 7 under Chapter 11 case number 20-10042.

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