On March 11, 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 1016 and is described on the court’s official docket as follows:
Application for Compensation Third Interim and Final Fee Application of Alvarez & Marsal North America, LLC as Restructuring Advisor for the Debtors and Debtors in Possession for Allowance of Compensation and Reimbursement of Expenses for the Period March 26, 2014 Through February 9, 2015 for Alvarez & Marsal North America, LLC, Financial Advisor, Period: 3/26/2014 to 2/9/2015, Fee: $10,039,130, Expenses: $610,789.96. Objections/Request for Hearing Due in 21 days. Filed by Financial Advisor Alvarez & Marsal North America, LLC (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E # (6) Exhibit F # (7) Proposed Order) (Gilstrap, Megan)
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.