Lee Steel Corporation Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Vendors

On April 14, 2015, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of Lee Steel Corporation and its affiliates.

The filing was assigned docket number 31 and is described on the court’s official docket as follows:

Order Granting Ex-Parte Motion For Shortened Notice And Expedited Hearing On The Debtors’ Motion For Entry Of An Order Pursuant To 11 U.S.C. Secs. 105(A), 363, 364, 503(B), 1107(A), And 1108, Bankruptcy Rules 6003 And 6004, And Local Rule 4001-4(A) Authorizing The Debtors To (I) Honor Certain Prepetition Obligations Owed To Certain Critical Vendors And (II) Continue Prepetition Practices With Certain Critical Vendors And (B) Authorizing All Banks And Other Financial Institutions To Honor And Process Related Checks And Transfers (Related Doc # 17)Hearing to be held on 4/15/2015 at 10:00 AM Courtroom 1875 for 16, (RE: related document(s)16 Motion for Entry of an Order Pursuant to 11 U.S.C. Section 105(A), 363, 364, 503(B), 1107(A) and 1108, Bankruptcy Rules 6003 and 6004, and Local Rule 4001-4 (A) Authorizing the Debtors to (I) Honor Certain Prepetition Obligations owed to Certain Critical Vendors and (II) Continue Prepetition Practices with Certain Critical Vendors and (B) Authorizing all Banks and Other Financial Institutions to Honor and Process Related Checks and Transfers Filed by Debtor In Possession Lee Steel Corporation). (ckata) (Entered: 04/14/2015)

Lee Steel Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Michigan . The case number for the lead bankruptcy case is 15-45784. The bankruptcy case is currently assigned to United States Bankruptcy Judge Marci McIvor. The law firm of McDonald Hopkins LLC is acting as lead bankruptcy counsel to Lee Steel Corporation in the bankruptcy case.


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