Mississippi Phosphates Corporation Bankruptcy New Filing Alert: Application For Interim Approval Of Professional Compensation

On March 26, 2015, an application for interim approval of professional compensation was filed in the bankruptcy case of Mississippi Phosphates Corporation and its affiliates.

The filing was assigned docket number 655 and is described on the court’s official docket as follows:

First Application for Compensation for Capstone Advisory Group LLC, Financial Advisor, Period: 12/16/2014 to 3/31/2015, Fee: $56,523.62, Expenses: $20.42. Filed by Financial Advisor Capstone Advisory Group LLC (Attachments: # (1) Exhibit A Summary of Fees by Professional # (2) Exhibit B Summary of Fees by Task Code # (3) Exhibit C Summary of Services Rendered by Task Code # (4) Exhibit D Detailed Task Description # (5) Exhibit E Summary of Expenses) (Creswell, Bess)

Mississippi Phosphates Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 27, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Mississippi . The case number for the lead bankruptcy case is 14-51667. The bankruptcy case is currently assigned to United States Bankruptcy Judge Katherine Samson. The law firm of Butler Snow LLP is acting as lead bankruptcy counsel to Mississippi Phosphates Corporation in the bankruptcy case.


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