Cal Dive International, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Obtain Debtor-In-Possession Financing

On April 14, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Cal Dive International, Inc. and its affiliates.

The filing was assigned docket number 257 and is described on the court’s official docket as follows:

Order Granting The Motion For Leave To File And Serve Debtors’ Reply In Support Of Debtor’s Motion (1) Authorizing The Debtors To (A) Obtain Postpetition Financing, (B) Grant Senior Liens and Superpriority Administrative Expense Status, And (C) Utilize Cash Collateral Of Pre-Petition Secured Parties; (II) Granting Adequate Protection To Pre-Petition Secured Parties (III) Scheduling A Final Hearing; And (IV) Granting Related Relief. (related document(s)[250], [251]) Signed on 4/14/2015. (JAF)

Cal Dive International, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 3, 2015. 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 15-10458. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of O’Melveny & Myers LLP is acting as lead bankruptcy counsel to Cal Dive International, Inc. in the bankruptcy case.


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