Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: BK Code & rules regarding Cash Collateral

Looks like there is going to be a meeting and that all creditors have given their cosent or that the court has issued an order. I still have to wonder, how is the money going to be spent?

Something out of the ordinary

Payment of taxes

Monthly operating reports

Trustee fees ( there goes a bit of our profits... :(

Not sure if estate funds applies to this case? Does someone have to have died for there to be an estate, or is BK the concept of death of the business?? TIA

Hoping that the money is for something out of the ordinary, but glad to read that all are in agreement or that the court is making sure things are being done correctly!

  • Attendance at § 341(a) Meeting of Creditors.
  • Cash Collateral. 11 U.S.C. § 363(c)(2) prohibits the use of cash collateral unless the debtor has either the prior consent of each creditor having an interest in the collateral or an order from the Court.
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