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Internap receives final court approval to access cash collateral
By Sarah Lizee
Olympia, Wash., June 2 – Internap Holding LLC received final approval to access cash collateral, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
Administrative agent Wilmington Trust NA and the company’s second-out term loan lenders have an interest in the collateral.
Internap is an Atlanta-based provider of IT Infrastructure solutions. The company filed its second Chapter 11 bankruptcy on April 28 under case number 23-10529.
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