Alsip Acquisition, LLC  Bankruptcy New Filing Alert: Objection To The Motion For Authority To Obtain Debtor-In-Possession Financing

On November 23, 2014, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Alsip Acquisition, LLC  and its affiliates.

The filing was assigned docket number 27 and is described on the court’s official docket as follows:

Objection to Debtors’ Motion for Entry of Interim and Final Orders (I) Authorizing Postpetition Financing, (II) Granting Liens and Providing Superpriority Administrative Expense Priority, (III) Authorizing Use of Cash Collateral, (IV) Granting Adequate Protection, (V) Modifying the Automatic Stay, (VI) Scheduling a Final Hearing, and (VII) Granting Related Relief (related document(s)[13]) Filed by Metropolitan Water Reclamation District of Greater Chicago (Attachments: # (1) Exhibit A) (Landis, Adam)

Alsip Acquisition, LLC  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 20, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-12596. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is acting as lead bankruptcy counsel to Alsip Acquisition, LLC  in the bankruptcy case.


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