Underground Energy, Inc.  Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On January 27, 2014, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Underground Energy, Inc.  and its affiliates. The filing was assigned docket number 393 and is described on the court’s official docket as follows:

Opposition to (related document(s): 379 Motion for Authority to Obtain Credit Under Section 364(b), Rule 4001(c) or (d) ; Memorandum of Points and Authorities with Proof of Service filed by Debtor Underground Energy, Inc.) Chamberlin Holdings, LLC’s Limited Opposition to Debtor’s Motion for Order Authorizing Post-Petition Financing; Declaration of Jill Himlan Filed by Creditor Chamberlin Holdings, LLC (Himlan, Jill) (Entered: 01/27/2014)

Underground Energy, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 4, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the Central District of California . The case number for the lead bankruptcy case is 13-10563. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robin Riblet. The law firm of Nordman Cormany Hair & Compton LLP is acting as lead bankruptcy counsel to Underground Energy, Inc.  in the bankruptcy case.

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