Winland Ocean Shipping Corporation Bankruptcy New Filing Alert: Motion For Authority To Use Cash Collateral

On March 18, 2015, a motion for authority to use cash collateral was filed in the bankruptcy case of Winland Ocean Shipping Corporation and its affiliates.

The filing was assigned docket number 41 and is described on the court’s official docket as follows:

Emergency Motion to Reconsider Emergency Order (i) Authorizing Debtors to Pay Pre-petition Engineer Claims; (ii) Modifying the Interim Cash Collateral Order; and (iii) Scheduling a Final Hearing Filed by Creditor China Merchants Bank Co. Ltd. (Attachments: # (1) Proposed Order) (Rovira, Joseph)

Winland Ocean Shipping Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 12, 2015. 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 15-60007. The bankruptcy case is currently assigned to United States Bankruptcy Judge David Jones. The law firm of Okin & Adams LLP is acting as lead bankruptcy counsel to Winland Ocean Shipping Corporation in the bankruptcy case.


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