Seegrid Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On December 22, 2014, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Seegrid Corporation and its affiliates.

The filing was assigned docket number 248 and is described on the court’s official docket as follows:

Order Amending Interim Financing Order (I) (A) Regarding Postpetition Financing; (B) Use of Cash Collateral; (C) Superpriority Liens and Claims; and (D) Adequate Protection; and (II) Scheduling and Establishing Deadlines Relating to a Final Hearing on Such Matters. (related document(s)[28]) Order Signed on 12/22/2014. (NAB)

Seegrid Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 21, 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 14-12391. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Morris, Nichols, Arsht & Tunnell LLP is acting as lead bankruptcy counsel to Seegrid Corporation in the bankruptcy case.


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