Elements Behavioral Health – Seeks Additional $1.1mn in DIP Financing, Continued Access to Cash Collateral, Extension of DIP Facility Maturity Date

February 7, 2019 – The Debtors requested Court approval for supplemental debtor-in-possession (“DIP”) financing and continued access to cash collateral [Docket No. 754]. The Debtors explain that the need for additional financing results from “the complex regulatory and licensure approval process related to the Sale [of the Debtors assets to DIP lender Project Build Behavioral…