Autoseis, Inc. (Global Geophysical Services, Inc.) Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On December 4, 2014, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Autoseis, Inc. (Global Geophysical Services, Inc.) and its affiliates.

The filing was assigned docket number 880 and is described on the court’s official docket as follows:

Motion Debtors’ Emergency Motion for an Order Under 11 U.S.C. § 365 and Federal Rule of Bankruptcy Procedure 9019(a) Authorizing Entry Into and Assumption of an Amended and Restated Licensing Agreement with SEI-GPI JV, LLC Filed by Debtor In Possession Autoseis, Inc. Hearing scheduled for 12/19/2014 at 09:00 AM at Corpus Christi, 1133 N Shoreline. (Attachments: # (1) Exhibit A – Proposed Order to Expedite Hearing # (2) Amended SEI-GPI Agreement # (3) Proposed Order) (Gilstrap, Megan)

Autoseis, Inc. (Global Geophysical Services, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 25, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 14-20130. The bankruptcy case is currently assigned to United States Bankruptcy Judge Richard Schmidt. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to Autoseis, Inc. (Global Geophysical Services, Inc.) in the bankruptcy case.


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