IBCS Mining, Inc. Bankruptcy New Filing Alert: Motion For Authority To Use Cash Collateral

On December 10, 2014, a motion for authority to use cash collateral was filed in the bankruptcy case of IBCS Mining, Inc. and its affiliates.

The filing was assigned docket number 327 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral Debtors’ Motion for Entry of Interim and Final Orders (I) Authorizing the Use of Cash Collateral; (II) Granting Adequate Protection to BB&T; and (III) Scheduling Final Hearing Filed by Debtor IBCS Mining, Inc. (Attachments: # (1) Exhibit A – Proposed Interim Order # (2) Exhibit B – Budget) (Westermann, Robert)

IBCS Mining, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 27, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of Virginia . The case number for the lead bankruptcy case is 14-61215. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Huennekens. The law firm of Hirschler Fleischer, P.C. is acting as lead bankruptcy counsel to IBCS Mining, Inc. in the bankruptcy case.


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