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KIMBALL HILL Bankruptcy News, Issue No. 5

BCSI reports on latest events arising in the chapter 11 cases commenced by Kimball Hill Inc.

(EMAILWIRE.COM, May 16, 2008 ) FAIRLESS HILLS, Pa. -- May 16, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 5 of KIMBALL HILL BANKRUPTCY NEWS today. The 17-page newsletter contains stories with these headlines:

[00054] DEBTORS' MOTION TO OBTAIN $51,851,954 INTERCOMPANY LOAN
[00055] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL
[00056] DEBTORS' 1ST MOTION TO EXTEND REMOVAL PERIOD
[00057] DEBTORS' MOTION TO FILE CERTAIN SCHEDULES INFO UNDER SEAL
[00058] COMMITTEE'S MOTION TO CLARIFY ACCESS TO CLASSIFIED INFO
[00059] DEBTORS' MOTION FOR DE MINIMIS ASSET SALE PROCEDURES
[00060] DEBTORS' MOTION TO HONOR PREPETITION CUSTOMER OBLIGATIONS
[00061] DEBTORS' MOTION TO PAY SALES AND USE TAXES
[00062] DEBTORS' MOTION TO PAY PREPETITION LIEN CLAIMS
[00063] DEBTORS' MOTION TO CONTINUE TO SELL HOMES FREE OF LIEN
[00064] DEBTORS' MOTION TO CONTINUE INSURANCE COVERAGE POLICIES
[00065] DEBTORS' MOTION FOR CLAIMS NOTICE & SELL DOWN PROCEDURES
[00066] DEBTORS' MOTION FOR INTERIM COMPENSATION PROCEDURES
[00067] DEBTORS' MOTION TO CONTINUE USING CASH MANAGEMENT SYSTEM
[00068] DEBTORS' MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00069] DEBTORS' MOTION TO CONTINUE EXISTING BUSINESS FORMS
[00070] DEBTORS' MOTION TO GRANT PRIORITY TO INTERCOMPANY CLAIMS
[00071] DEBTORS' MOTION TO WAIVE INVESTMENT REQUIREMENTS
[00072] DEBTORS' MOTION TO DEEM UTILITIES ADEQUATELY ASSURED
[00073] DEBTORS' APPLICATION TO HIRE KIRKLAND & ELLIS AS COUNSEL
[00074] KIMBALL HILL AMENDS EMPLOYMENT AGREEMENT WITH D. K. HILL
[00075] KIMBALL HILL FILES FORM 15 WITH THE SEC
[00076] KIMBALL BANKRUPTCY FILING TRIGGERS REPAYMENT OBLIGATIONS

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=KIMBALL|HILL for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

KIMBALL HILL BANKRUPTCY NEWS tracks the restructuring of Kimball Hill Inc.

How to Subscribe to KIMBALL HILL BANKRUPTCY NEWS

KIMBALL HILL BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

To continue receiving KIMBALL HILL BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=KIMBALL|HILL

Contact Information:
Bankruptcy Creditors' Services, Inc.
Peter A. Chapman
Tel: (215) 945-7000
Email us
Press Release Keywords:

chapter 11, construction, building








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