Freedom Industries, Inc.  Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing





On January 27, 2014, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Freedom Industries, Inc.  and its affiliates. The filing was assigned docket number 83 and is described on the court’s official docket as follows:

PROPOSED ORDER submitted by Interested Party WV Funding, LLC Re:2 Motion to Obtain Credit or to Refinance or for Post Petition Financing (REVISED Interim Agreed Order Authorizing Debtor-in-Possession Financing). (Attachments: # 1 Exhibit 1 (DIP Agreement) # 2 Exhibit 2 (DIP Budget)) (Kaiser, Charles) (Entered: 01/27/2014)

Freedom Industries, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 17, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of West Virginia . The case number for the lead bankruptcy case is 14-20017. The bankruptcy case is currently assigned to United States Bankruptcy Judge Ronald Pearson. The law firm of McGuireWoods LLP is acting as lead bankruptcy counsel to Freedom Industries, Inc.  in the bankruptcy case.

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