Hepar BioScience LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On February 20, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Hepar BioScience LLC and its affiliates.

The filing was assigned docket number 16 and is described on the court’s official docket as follows:

Order Setting Deadlines and Scheduling Preliminary Hearing on Debtor’s Motion For Use of Cash Collateral (related document¬†8). Last Day to Object to Preliminary Request: 2/23/2015, 12:00 Noon (Central). If an Objection to this preliminary request is timely filed, a preliminary hearing will be held February 23, 2015 at 2:00 p.m. (Central) (telephonic). Last Day to Object to Final Request: 3/9/2015. (dmic) (Entered: 02/20/2015)

Hepar BioScience LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 20, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of South Dakota. The case number for the lead bankruptcy case is 15-40057. The bankruptcy case is currently assigned to United States Bankruptcy Judge Charles Nail Jr.. The law firm of Gerry & Kulm Ask, Prof. LLC is acting as lead bankruptcy counsel to Hepar BioScience LLC in the bankruptcy case.


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