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

On February 19, 2015, an application for final approval of professional compensation was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.

The filing was assigned docket number 315 and is described on the court’s official docket as follows:

Final Application for Compensation of Houlihan Lokey Capital, Inc. for Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as Financial Advisor and Investment Banker to the Debtor for the period November 12, 2014 to February 3, 2015 [First and Final Fee Application] Filed by Baxano Surgical, Inc.. Hearing scheduled for 3/30/2015 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 3/12/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (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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