Marion Energy Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On December 18, 2014, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Marion Energy Inc. and its affiliates.

The filing was assigned docket number 77 and is described on the court’s official docket as follows:

Order Denying Debtors’ Emergency Motion For Reconsideration of Denial of Debtor’s Motion To Obtain Post-Petition Financing On A Senior Secured Basis. The Motion to Reconsider is denied. (Related Doc # 66) (mtm) (EOD: 12/18/2014)

Marion Energy Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 31, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Utah. The case number for the lead bankruptcy case is 14-31632. The bankruptcy case is currently assigned to United States Bankruptcy Judge Joel Marker. The law firm of Parsons Behle & Latimer is acting as lead bankruptcy counsel to Marion Energy Inc. in the bankruptcy case.


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