Baxano Surgical Inc. Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On November 24, 2014, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.

The filing was assigned docket number 75 and is described on the court’s official docket as follows:

Motion to Pay Critical Trade Vendor Claims / Motion of the Debtor for Order Authorizing But Not Directing the Debtor to Pay Pre-Petition Claims of Certain Critical Trade Vendors Pursuant to 11 U.S.C. §§ 105(a), 363(b), 1107(a) and 1108 and Fed. R. Bankr. P. 6003 and 6004 Filed By Baxano Surgical, Inc. Hearing scheduled for 11/26/2014 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. (Attachments: # (1) Notice # (2) Proposed Form of Order)(Demmy, John)

Baxano Surgical Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 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 14-12545. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Stevens & Lee, P.C. is acting as lead bankruptcy counsel to Baxano Surgical Inc. in the bankruptcy case.


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