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

On February 5, 2015, an order regarding the 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 399 and is described on the court’s official docket as follows:

Second Interium Order Authorizing the Use of Cash Collateral; Granting Adequate Protection and Scheduling Third Interim Hearing Signed on 2/5/2015 (RE: related document(s)[327] Motion to Use Cash Collateral filed by Debtor IBCS Mining, Inc., [335] Objection filed by Creditor Wells Fargo Bank Northwest, N.A. as Indenture Trustee, [337] Objection filed by Creditor Virginia Electric and Power Company, [374] Objection filed by Creditor Branch Banking and Trust Company). Hearing scheduled 3/23/2015 at 10:00 AM at Charlottesville, Room 200, US Courthouse, 255 W. Main St., Charlottesville, VA 22902. (White, Kristen)

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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