Autoseis, Inc. (Global Geophysical Services, Inc.) Bankruptcy New Filing Alert: Application For Final Approval Of Professional Compensation

On March 10, 2015, an application for final approval of professional compensation was filed in the bankruptcy case of Autoseis, Inc. (Global Geophysical Services, Inc.) and its affiliates.

The filing was assigned docket number 1013 and is described on the court’s official docket as follows:

Application for Compensation Final Application for Allowance of Fees and Expenses as Financial Advisors to the Official Committee of Unsecured Creditors for the Period April 22, 2014 through February 9, 2015 for Lazard Freres & Co., LLC, and Lazard Middle Market, LLC, Financial Advisor, Period: 4/22/2014 to 2/9/2015, Fee: $1,420,500.00, Expenses: $19,918.49. Objections/Request for Hearing Due in 21 days. Filed by Attorney Shari L Heyen Hearing scheduled for 3/31/2015 at 10:00 AM at Corpus Christi, 1133 N Shoreline. (Attachments: # (1) Exhibit A – Summary of Timekeepers Included in the Application # (2) Exhibit B – Summary of Reimbursable Expenses Requested in the Application # (3) Exhibit C – Copy of Retention Order [Dkt. 388] # (4) Exhibit D – First Fee Reduction Notice # (5) Exhibit F – Second Fee Reduction Notice # (6) Proposed Order) (Heyen, Shari)

Autoseis, Inc. (Global Geophysical Services, Inc.) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 25, 2014. 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 14-20130. The bankruptcy case is currently assigned to United States Bankruptcy Judge Richard Schmidt. The law firm of Baker Botts LLP is acting as lead bankruptcy counsel to Autoseis, Inc. (Global Geophysical Services, Inc.) in the bankruptcy case.


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