Baxano Surgical Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Vendors

On November 24, 2014, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.

The filing was assigned docket number 77 and is described on the court’s official docket as follows:

Order Shortening Notice Periods With Respect To (1) Motion Of The Debtor For Entry Of Interim And Final Orders Determining Adequate Assurance Of Payment For Future Utility Services (D.I. 18 ) And (2) Debtor’s Motion For Entry Of An Order Authorizing The Debtor To (1) Maintain Existing Insurance Policies, (II) Pay All Policy Premiums And Fees Arising Thereunder, (III) Renew Or Enter Into New Policies, And (IV) Continue To Honor Insurance Premium Financing Obligation (D.I.39) (related document(s)[18], [39]) Signed on 11/24/2014. (JAF)

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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