Packable Holdings gets interim approval to access cash collateral

By Sarah Lizee

Olympia, Wash., Aug. 30 – Packable Holdings, LLC got interim approval from the U.S. Bankruptcy Court for the District of Delaware to access the cash collateral of its prepetition secured lenders JPMorgan Chase Bank, NA and Alter Domus (US) LLC, according to court documents.

A final hearing is scheduled for Sept. 29.

Packable is a Hauppauge, N.Y.-based e-commerce company that operates as a third-party seller of health, beauty and other consumer products on online marketplaces. The company filed bankruptcy on Aug. 28 under Chapter 11 case number 22-10797.

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