On March 18, 2015, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Federation Employment and Guidance Service, Inc. (d/b/a FEGS) and its affiliates.
The filing was assigned docket number 15 and is described on the court’s official docket as follows:
Motion to Use Cash Collateral Debtor’s Motion for Entry of Interim and Final Orders (I) Authorizing the Debtor (A) To Obtain Post-Petition Secured, Superpriority Financing Pursuant to 11 U.S.C. Sections 105, 361, 362, 363, and 364 and (B) To Utilize Cash Collateral Pursuant to 11 U.S.C. Section 363; (II) Granting Adequate Protection to Prepetition Secured Creditors Pursuant to 11 U.S.C. Sections 361, 362, 363 and 364; and (III) Scheduling a Final Hearing Pursuant to Bankruptcy Rules 4001(B) and 4001 (C) Filed by Burton S Weston on behalf of Federation Employment and Guidance Service, Inc., d/b/a FEGS. (Attachments: # 1 Exhibit A – Interim Order # 2 Exhibit B – DIP Loan Agreement # 3 Exhibit C – DIP Budget) (Weston, Burton) (Entered: 03/18/2015)
Federation Employment and Guidance Service, Inc. (d/b/a FEGS) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 18, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of New York . The case number for the lead bankruptcy case is 15-71074. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robert Grossman. The law firm of Garfunkel Wild, P.C. is acting as lead bankruptcy counsel to Federation Employment and Guidance Service, Inc. (d/b/a FEGS) in the bankruptcy case.