Baxano Surgical Inc. Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On December 17, 2014, a application for interim approval of professional compensation was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.

The filing was assigned docket number 159 and is described on the court’s official docket as follows:

Motion to Approve MOTION OF THE DEBTOR FOR ORDER PURSUANT TO BANKRUPTCY CODE SECTIONS 105, 327, AND 331, BANKRUPTCY RULE 2016, AND LOCAL RULE 2016-2, AUTHORIZING PROCEDURES FOR INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES OF PROFESSIONALS Filed by Baxano Surgical, Inc.. Hearing scheduled for 1/27/2015 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 1/5/2015. (Attachments: # (1) Exhibit Form of Interim Comp Agreement # (2) Proposed Form of Order # (3) Notice) (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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