Allied Nevada Gold Corp. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On March 11, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Allied Nevada Gold Corp. and its affiliates.

The filing was assigned docket number 56 and is described on the court’s official docket as follows:

Order Approving Debtors’ Motion for Authority to (A) Continue Using Their Existing Cash Management System, (B) Honor or Satisfy Certain Prepetition Obligations Related Thereto, (C) Maintain Existing Bank Accounts and Business Forms and (D) Extend the Time to Comply with Bankruptcy Code Section 345(b). (Related Doc # [9]) Order Signed on 3/11/2015. (LCN)

Allied Nevada Gold Corp. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 10, 2015. 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 15-10503. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Akin, Gump, Strauss, Hauer & Feld LLP is acting as lead bankruptcy counsel to Allied Nevada Gold Corp. in the bankruptcy case.


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