Cal Dive International, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On March 9, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Cal Dive International, Inc. and its affiliates.

The filing was assigned docket number 74 and is described on the court’s official docket as follows:

“WITH REVISIONS MADE BY THE COURT” Order (Interim) (I) Authorizing Debtors To (A) Obtain Post-Petition Financing (B) Grant Senior Liens And Superiority Administrative Expense Status, And (C) Utilize Cash Collateral; (II) Granting Adequate Protection To Pre-Petition Secured Parties; (III) Scheduling A Final Hearing, And (IV) Granting Related Relief. (related document(s)[17]) Signed on 3/9/2015. (Attachments: # (1) Exhibit Part I # (2) Exhibit Part II # (3) Exhibit Part III # (4) Exhibit Part IV # (5) Exhibit Part V # (6) Exhibit Part VI) (JAF)

Cal Dive International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 3, 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 15-10458. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Cal Dive International, Inc. in the bankruptcy case.


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