ESCO Marine, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On March 9, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of ESCO Marine, Inc. and its affiliates.

The filing was assigned docket number 7 and is described on the court’s official docket as follows:

Motion for Interim and Final Orders Pursuant to 11 USC Sections 105, 361, 362, 363, 364 & 507 and Fed. Rules of Bankruptcy Procedure 2002, 4001, & 9014 (I) Authorizing Use of Cash Collateral; (II) Granting Post-Petition Replacement Liens; (III) Granting Adequate Protection; and (IV) Scheduling a Final Hearing on the Motion Filed by Debtor ESCO Marine, Inc. (Attachments: # (1) Exhibit A # (2) Proposed Order) (Ayers, Roderick)

ESCO Marine, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 7, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Texas . The case number for the lead bankruptcy case is 15-20107. The bankruptcy case is currently assigned to United States Bankruptcy Judge Richard Schmidt. The law firm of Langley Banack Inc. is acting as lead bankruptcy counsel to ESCO Marine, Inc. in the bankruptcy case.


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