Chassix Holdings, Inc. Bankruptcy New Filing Alert: Motion For Miscellaneous “First Day” Relief

On March 12, 2015, a motion for miscellaneous “first day” relief was filed in the bankruptcy case of Chassix Holdings, Inc. and its affiliates.

The filing was assigned docket number 32 and is described on the court’s official docket as follows:

Motion to Authorize Motion of Debtors Pursuant to 11 U.S.C. ยงยง 105(a), 362, 363(b), and 503(b), for Entry of an Order (I) Authorizing, But Not Directing, Debtors to (A) Pay All Insurance Obligations and (B) Continue All Insurance Programs; (II) Modifying the Automatic Stay with Respect to the Workers Compensation Claims; and (III) Authorizing and Directing Applicable Banks and Other Financial Institutions to Receive, Process, Honor, and Pay Checks Presented for Payment and to Honor All Fund Transfer Requests filed by Ray C Schrock on behalf of Chassix Holdings, Inc., et al.,. (Schrock, Ray)

Chassix Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 12, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 15-10578. The bankruptcy case is currently assigned to United States Bankruptcy Judge Michael Wiles. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Chassix Holdings, Inc. in the bankruptcy case.


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