BPZ Resources, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Vendors

On March 10, 2015, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of BPZ Resources, Inc. and its affiliates.

The filing was assigned docket number 31 and is described on the court’s official docket as follows:

Interim and Final Order to (i) Prohibit Utility Companies from Discontinuing, Altering or Refusing Service; (ii) Deem Utility Companies Adequately Assured of Future Payment; and (iii) Establish Procedures for Determining Requests for Additional Adequate Assurance Signed on 3/10/2015 (Related document(s):[7] Emergency Motion) Hearing scheduled for 3/26/2015 at 02:30 PM at Houston, Courtroom 400 (DRJ). (dsta)

BPZ Resources, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 9, 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 15-60016. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Stroock & Stroock & Lavan LLP is acting as lead bankruptcy counsel to BPZ Resources, Inc. in the bankruptcy case.


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