On April 30, 2015, a motion for authority to use cash management systems was filed in the bankruptcy case of Northwest Bancorporation of Illinois, Inc. (f/k/a Hershenhorn Bancorporation, Inc.) and its affiliates.
The filing was assigned docket number 16 and is described on the court’s official docket as follows:
Notice of Motion and Motion to Authorize the Debtor to (A) Authorizing the Debtor to Maintain Its Existing Bank Account and Business Forms, (B) Waiving Deposit and Investment Requirements of Section 345(b) of the Bankruptcy Code, and (C) Authorizing Financial Institutions to Honor Checks and Electronic Payment Requests Filed by David R Seligman on behalf of Northwest Bancorporation of Illinois, Inc.. Hearing scheduled for 4/6/2015 at 10:00 AM at 219 South Dearborn, Courtroom 742, Chicago, Illinois 60604. (Attachments: # (1) Proposed Order # (2) Certificate of Service) (Seligman, David)
Northwest Bancorporation of Illinois, Inc. (f/k/a Hershenhorn Bancorporation, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 29, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 15-15245. The bankruptcy case is currently assigned to United States Bankruptcy Judge Carol Doyle. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to Northwest Bancorporation of Illinois, Inc. (f/k/a Hershenhorn Bancorporation, Inc.) in the bankruptcy case.