On December 3, 2014, an objection to the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of KiOR, Inc. and its affiliates.
The filing was assigned docket number 94 and is described on the court’s official docket as follows:
Objection to the Debtor’s Motion Pursuant to 11 U.S.C. §§ 105, 361, 362, 363, 364, 507 and 552 for Interim and Final Orders: (I) Authorizing the Debtor to Obtain Postpetition Financing; (II) Authorizing Use of Cash Collateral; (III) Granting Adequate Protection to the Prepetition Secured Parties; (IV) Granting Liens And Providing Superpriority Administrative Expense Status; (V) Modifying Automatic Stay; and (VI) Scheduling a Final Hearing (related document(s), , ) Filed by Southern Ionics Incorporated (Mairo, John)
KiOR, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 9, 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 14-12514. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of King & Spalding, LLP is acting as lead bankruptcy counsel to KiOR, Inc. in the bankruptcy case.