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

On April 24, 2015, an order regarding the motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of ESCO Marine, Inc. and its affiliates.

The filing was assigned docket number 133 and is described on the court’s official docket as follows:

Order Granting Debtor’s Motion and Request for Expedited Setting on (A) Debtor’s Emergency Motion for Interim Order Pursuant to 11 U.S.C. Sections 105, 361, 362, 363, 364 and 507 and Federal Rules of Bankruptcy Procedure 2002, 4001 & 9014: (I) Authorizing Debtors to Obtain Post Petition Financing and Utilize Cash Collateral; (II) Granting Adequate Protection; and (III) Scheduling a Final Hearing on the Motion and (B) Emergency Application for Approval of the Employment of Duff & Phelps Canada Restructuring, Inc. as Financial Advisors for the Debtors (Related Doc # [132]) Signed on 4/24/2015. Hearing scheduled for 4/27/2015 at 09:00 AM at Corpus Christi, 1133 N Shoreline. (fcar)

ESCO Marine, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on March 7, 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 15-20107. The bankruptcy case is currently assigned to United States Bankruptcy Judge Richard Schmidt. The law firm of Langley Banack Inc. is acting as lead bankruptcy counsel to ESCO Marine, Inc. in the bankruptcy case.


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