Crescent Resources filed for Chapter 11 bankruptcy protection in June. Recently, however, the real estate developer was granted $110 million debtor in possession credit financing.

In its bankruptcy filing, the Charlotte, North Carolina based company listed assets and liabilities both in excess of $1 billion. It also listed over 5,000 creditors.

If you are considering bankruptcy, contact the Austin bankruptcy attorneys of Slater Kennon LLP at 512-338-1100.