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Post Oak receives further interim approval to access cash collateral
By Sarah Lizee
Olympia, Wash., Oct. 5 – Post Oak TX, LLC, which owns the Hilton Houston Post Oak hotel, received further interim approval to use the cash collateral of primary secured lender Rialto, according to an order filed Monday with the U.S. Bankruptcy Court for the Southern District of Florida.
The West Palm Beach, Fla.-based hotel owner filed bankruptcy on Aug. 31 under Chapter 11 case number 21-18563.
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