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

On December 5, 2014, an exhibit with respect to 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 122 and is described on the court’s official docket as follows:

Exhibit(s) / Notice of Filing of Insurance Premium Finance Agreements in Connection with Debtor’s Motion for Entry of an Order Authorizing the Debtor to (I) 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 Obligations (related document(s)[39]) Filed by Baxano Surgical, Inc.. (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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