On March 30, 2015, an order regarding the motion for appoval of claims trading procedures was filed in the bankruptcy case of Baxano Surgical Inc. and its affiliates.
The filing was assigned docket number 386 and is described on the court’s official docket as follows:
Order (Final) Establishing (I) Notice And Hearing Procedures For Transferring, Or Claiming A Worthless Stock Deduction For, Equity Securities Of Cal Dive International, Inc. And (II) An Effective Date For Notice And Sell-Down Procedures For Transferring Claims Against The Debtors. (related document(s)) Signed on 3/30/2015. (Attachments: # (1) Exhibit B-1 through B-5) (JAF)
Baxano Surgical Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 12, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-12545. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Stevens & Lee, P.C. is acting as lead bankruptcy counsel to Baxano Surgical Inc. in the bankruptcy case.